Shareholders' Equity |
3 Months Ended |
---|---|
Mar. 31, 2020 | |
Equity [Abstract] | |
Shareholders' Equity |
8. Shareholders’ Equity
Preferred Stock
Series C Non-Voting, Non- Convertible Preferred Stock Financing Precigen Debt Conversion
Each issued and outstanding share of Series C Preferred Stock entitles the holder of record to receive dividends at the annual rate of twelve percent (12%) (the “Initial Rate”) of its Stated Value, payable by issuing additional shares of Series C Preferred Stock within thirty days after the end of each calendar year pro-rata for partial years. The Initial Rate was increased to twenty percent (20%) automatically after May 10, 2019. |