Alexium International Group Limited Raises $6.7 Million through Institutional Placement

GAITHERSBURG, Md., (GLOBE NEWSWIRE) – May 5, 2015 – OpGen, Inc. (Nasdaq:OPGN) today announced the pricing of its initial public offering of 2,850,000 units, with each unit consisting of one share of common stock and a warrant to purchase one share of common stock, at a combined price to the public of $6.00 per unit. All of the units are being offered by OpGen. OpGen’s common stock and warrants have been approved for listing on the NASDAQ Capital Market. The units will immediately and automatically separate upon issuance, and each of the common stock and warrants are expected to begin trading separately today, under the symbols “OPGN” and “OPGNW,” respectively. Each warrant will be immediately exercisable upon issuance for one share of common stock at an exercise price of $6.60 per share and will expire on May 8, 2020.

Maxim Group served as a sole book runner for Opgen’s $17.1 initial public offering.

http://ir.opgen.com/phoenix.zhtml?c=253977&p=irol-newsArticle&ID=2044059

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