Third Security Amends Precigen Stake Filing

TL;DR

Third Security just updated their Precigen filing, adding new group members. Watch this space.

AI Summary

Third Security, LLC, along with Randal J. Kirk and related entities, filed an amendment (No. 18) to their Schedule 13D on August 13, 2024, regarding their holdings in Precigen, Inc. The filing indicates a change in the group members, with the addition of KAPITAL JOE, LLC and SUNSET 2020 LLC, and the continued inclusion of R.J. KIRK DECLARATION OF TRUST and THIRD SECURITY, LLC. This amendment likely reflects adjustments to their beneficial ownership or control over the company's securities.

Why It Matters

This filing signals potential shifts in control or strategy for Precigen, Inc. by a significant shareholder group, which could impact the company's future direction and stock performance.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's intentions or holdings, which can introduce uncertainty and volatility.

Key Numbers

• 18 — Amendment Number (Indicates this is the 18th update to the filing, suggesting ongoing activity or changes.)
• 20240813 — Filing Date (The date the amendment was officially submitted to the SEC.)

Key Players & Entities

• Third Security, LLC (company) — Filing entity and group member
• Precigen, Inc. (company) — Subject company
• Randal J. Kirk (person) — Individual associated with the filing group
• KAPITAL JOE, LLC (company) — Newly added group member
• SUNSET 2020 LLC (company) — Newly added group member
• R.J. KIRK DECLARATION OF TRUST (company) — Existing group member

FAQ

Key Financial Figures

• $0 — of the Company, at a price per share of $0.85, on August 9, 2024 (the “Offer
• $20,000,000 — gregate purchase price of approximately $20,000,000, or $0.85 per share. Item 4. Purpose o
• $0.85 — price of approximately $20,000,000, or $0.85 per share. Item 4. Purpose of Transact

Filing Documents

• ea0211239-13da18kirk_preci.htm (SC 13D/A) — 139KB
• ea021123901ex99-1_precigen.htm (EX-99.1) — 10KB
• 0001213900-24-068241.txt ( ) — 151KB

of the Original Schedule 13D is hereby amended

Item 3 of the Original Schedule 13D is hereby amended and supplemented as follows: On August 9, 2024, RJ DOT utilized its working capital to purchase 23,529,411 shares of Common Stock of the Company in the Offering, for an aggregate purchase price of approximately $20,000,000, or $0.85 per share. Item 4. Purpose of Transaction .

of the Original Schedule 13D is hereby amended

Item 4 of the Original Schedule 13D is hereby amended and supplemented as follows: The information set forth in Items 3 and 6 is incorporated herein by reference. RJ DOT acquired the shares disclosed hereunder for investment purposes. CUSIP No. 46122T102 Page 8 of 10 Other than as disclosed herein, as of the date of this Amendment, none of the Reporting Persons have present plans or proposals which would result in: (a) The acquisition by any person of additional securities of the Company, or the disposition of securities of the Company (b) An extraordinary corporate transaction such as a merger, reorganization or disposition, involving the Company or any of its subsidiaries (c) A sale or transfer of a material amount of assets of the Company or any of its subsidiaries (d) Any change in the present board of directors or management of the Company, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board (e) Any material change in the present capitalization or dividend policy of the Company (f) Any other material change in the Company’s business or corporate structure, including but not limited to, if the Company is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940; (g) Changes in the Company’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Company by any person (h) Causing a class of securities of the Company to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association (i) A class of equity securities of the Company becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934 or (j)

of the Original Schedule 13D is hereby

Item 6 of the Original Schedule 13D is hereby amended and supplemented to include the responses in Item 4 above. Item 7. Material to be Filed as Exhibits . Exhibit 1 Joint Filing Agreement, dated as of August 13, 2024 by and among Randal J. Kirk, the R.J. Kirk Declaration of Trust, Third Security, LLC, Sunset 2020 LLC, and Kapital Joe, LLC. CUSIP No. 46122T102 Page 10 of 10

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of their knowledge and belief, the undersigned certify that the information set forth in this statement is true, complete and correct. Date: August 13, 2024 /s/ Randal J. Kirk Randal J. Kirk R.J. KIRK DECLARATION OF TRUST By: /s/ Randal J. Kirk Randal J. Kirk Trustee THIRD SECURITY, LLC By: /s/ Randal J. Kirk Randal J. Kirk Manager SUNSET 2020 LLC By: /s/ Randal J. Kirk Randal J. Kirk Manager KAPITAL JOE, LLC By: /s/ Randal J. Kirk Randal J. Kirk Manager EXHIBIT INDEX Exhibit 1 Joint Filing Agreement, dated as of August 13, 2024, by and among Randal J. Kirk, the R.J. Kirk Declaration of Trust, Third Security, LLC, Sunset 2020 LLC, and Kapital Joe, LLC.

View Full Filing

View this SC 13D/A filing on SEC EDGAR