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Home » OpGen Announces Acquisition of Preferred Stock by David Lazar

OpGen Announces Acquisition of Preferred Stock by David Lazar

ROCKVILLE, Md., March 25, 2024 (GLOBE NEWSWIRE) — OpGen, Inc. (Nasdaq: OPGN, “OpGen” or “the Company”), announced today that the Company entered into a securities purchase agreement with David E. Lazar, an experienced private investor, pursuant to which he will acquire 3,000,000 shares of Series E Convertible Preferred Stock (“Series E Preferred Stock”) of the Company at a price of $1.00 per share for aggregate gross proceeds of $3.0 million. The proceeds of the transaction will be used to repay and settle outstanding indebtedness and liabilities of the Company and for other general corporate and operating purposes.

OpGen Announces Acquisition of Preferred Stock by David Lazar
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