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2023-10-13

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OpGen Shares Take Flight on Talks for Potential Deal

In an exciting development for Unit Curetis GmbH, a substantial payment of 750,000 Euros has been received. This payment is directly linked to the successful sale of specific Unyvero A50 systems to a

OpGen Shares Take Flight on Talks for Potential Deal

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This payment is directly linked to the successful sale of specific Unyvero A50 systems to a ","content":"<html><head></head><body><p>Shares of OpGen surged 775% in premarket trading Thursday after the precision-medicine company said it was in talks on a potential strategic transaction with an unnamed investor.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/60ed81678f047fc0f7a4f58507ef6f12\" title=\"\" tg-width=\"845\" tg-height=\"623\"/></p><p style=\"text-align: start;\">In a filing with the U.S. Securities and Exchange Commission, OpGen said it agreed to sell $1 million of preferred stock to the investor in a private placement in connection with the talks.</p><p>In a separate filing, OpGen said its Curetis unit received an advance payment of nearly $800,000 related to the sale of certain Unyvero A50 systems to a unnamed strategic partner, and that the partner may buy additional systems while the parties pursue a potential strategic transaction.</p><p>OpGen, which previously warned that it was running out of cash and flagged doubt about its ability to continue as a going concern, said it plans to use the proceeds from the two transaction to fund its operations while it pursues a deal.</p><p>OpGen shares, which closed Wednesday at 33.6 cents, were recently changing hands at $2.12 in premarket trading.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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