Brief: Opgen Announces Acquisition Of Preferred Stock By David Lazar

CapForce

25/03/2024 22:28

March 25 (Reuters) - OpGen Inc  OPGN.O :
    * OPGEN ANNOUNCES ACQUISITION OF PREFERRED STOCK BY DAVID
LAZAR
    * OPGEN INC: DAVID LAZAR WILL TAKE OVER AS CEO OF OPGEN
    * OPGEN INC: SETTLES OUTSTANDING LIABILITIES WITH EIB
    * OPGEN: GOT INTO SECURITIES PURCHASE DEAL WITH DAVID LAZAR
POST
WHICH HE TO BUY 3 MILLION SHARES OF SERIES E PREFERRED STOCK AT
$1.00/SHARE FOR $3 MILLION
    * OPGEN INC: OLIVER SCHACHT, PHD, RESIGNED AS CEO
    * OPGEN INC: WILL PAY $2 MILLION OF PROCEEDS FROM FINANCING
TO
SETTLE ALL OUTSTANDING DEBT OF COMPANY TO EACH OF EIB AND
CURETIS
    * OPGEN INC: SETTLEMENT AGREEMENT WITH EIB ALSO TERMINATED
GUARANTEE AGREEMENT

Source text for Eikon:  ID:nGNX75NDdr 
Further company coverage:  OPGN.O 

 ((Reuters.Briefs@thomsonreuters.com;))