OpGen, Inc. (NASDAQ: OPGN) Declares Execution of Overturn Stock Split

OpGen, Inc. (NASDAQ: OPGN) proclaimed as of late that it would apply a 1-for-25 upset stock split of its normal stock. The Company recorded a change in accordance with its Certificate of Incorporation to the result the invert stock split on January 17, of this current year.

The Company foresees that the Company's normal stock will purchase or offer on a split-balanced source under the image "OPGN" at the beginning of exchanging on January 19, of this current year.

What's more, the warrants to purchase regular stock issued as a major aspect of the Company's first open offering will purchase or offer on a split-balanced premise under the image "OPGNW" at the beginning of exchanging on January 19, of this current year.

The new CUSIP number for the customary stock after the upset stock split will be 68373L208, and the new CUSIP number for the recorded regular stock warrants following the topple split will be 68373L125.

The topple stock split is intended to support the market cost per offer of the Company's standard stock to qualify it for kept posting on The Nasdaq Capital Market.

The Company had formally pronounced that the Listing Qualifications Staff of the Nasdaq Capital Market had resolved to delist the Company's securities from Nasdaq, compelling January 2, of this current year, unless the Company all around planned asked for a hearing in front of the Nasdaq Hearings Panel (the "Board").

On December 21, 2K17, the Company exhibited a demand for a hearing sooner than the Panel, which demands remained any postponement or delisting act by Nasdaq in any event until the point when the hearing procedure finishes up and any augmentation chose by the Panel lapses. A talked hearing has been made arrangements for February 8, of this current year.

The topple stock split will diminish the quantity of offers of the Company's normal stock by and by remarkable from around 56.50M offers to around 2.30M offers.

Adjusted modifications will be made to the trade and exercise costs of the Company's extraordinary stock purchase warrants, investment opportunities, constrained stock units and to the quantity of offers issued and issuable under the Company's equity motivation designs.

Parallel with the upset stock split; there will be a reduction in the quantity of offers approved for issuance by the Company from 200.00M to 50.00M.