OpGen Announces the Cancellation of Adjourned Portion of Annual Meeting
August 04 2021 - 4:30PM
OpGen, Inc. (Nasdaq: OPGN, “OpGen” or the “Company”), a precision
medicine company harnessing the power of molecular diagnostics and
informatics to help combat infectious disease, today announced that
it has determined to withdraw from stockholder consideration
Proposal 2 set forth in its Definitive Proxy Statement filed with
the Securities and Exchange Commission on April 26, 2021, relating
to an increase in the number of shares of capital stock authorized
for issuance under the Company’s Amended and Restated Certificate
of Incorporation. In light of the withdrawal of such proposal, the
Company has determined to cancel the reconvening of the adjourned
portion of its Annual Meeting of Stockholders for the consideration
of Proposal 2, which was previously adjourned solely with respect
to Proposal 2 to 10:00 a.m. Eastern Time on August 5, 2021. All
other proposals in the Company’s Definitive Proxy Statement were
previously submitted to a vote of stockholders at the Annual
Meeting on June 9, 2021, at which all such proposals were approved.
The Company plans to continue evaluating alternatives for financing
the future development and growth of the Company.
About OpGen, Inc.
OpGen, Inc. (Rockville, MD, USA) is a precision
medicine company harnessing the power of molecular diagnostics and
bioinformatics to help combat infectious disease. Along with
subsidiaries, Curetis GmbH and Ares Genetics GmbH, we are
developing and commercializing molecular microbiology solutions
helping to guide clinicians with more rapid and actionable
information about life threatening infections to improve patient
outcomes, and decrease the spread of infections caused by
multidrug-resistant microorganisms, or MDROs. OpGen’s product
portfolio includes Unyvero®, Acuitas® AMR Gene Panel and Acuitas®
Lighthouse, and the ARES Technology Platform including ARESdb®,
using NGS technology and AI-powered bioinformatics solutions for
antibiotic response prediction.
For more information, please visit
www.opgen.com.
Forward-Looking Statements
This press release includes statements regarding
OpGen’s Annual Meeting. These statements and other
statements regarding OpGen’s Unyvero products, their
commercialization and launch, future plans and goals constitute
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and are intended to qualify for the safe
harbor from liability established by the Private Securities
Litigation Reform Act of 1995. Such statements are subject to risks
and uncertainties that are often difficult to predict, are beyond
our control, and which may cause results to differ materially from
expectations. Factors that could cause our results to differ
materially from those described include, but are not limited to,
our ability to successfully, timely and cost-effectively develop,
seek and obtain regulatory clearance for and commercialize our
product and services offerings, the rate of adoption of our
products and services by hospitals and other healthcare providers,
the fact that we may not effectively use proceeds from recent
financings, the realization of expected benefits of our business
combination transaction with Curetis GmbH, the success of our
commercialization efforts, the impact of COVID-19 on the Company’s
operations, financial results, and commercialization efforts as
well as on capital markets and general economic conditions, the
effect on our business of existing and new regulatory requirements,
and other economic and competitive factors. For a discussion of the
most significant risks and uncertainties associated with OpGen's
business, please review our filings with the Securities and
Exchange Commission. You are cautioned not to place undue reliance
on these forward-looking statements, which are based on our
expectations as of the date of this press release and speak only as
of the date of this press release. We undertake no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events or otherwise.
OpGen:Oliver SchachtPresident and
CEOInvestorRelations@opgen.com
OpGen Press Contact:Matthew
Bretzius FischTank Marketing and PR
matt@fischtankpr.com
OpGen Investor Contact:Max ColbertEdison
Groupmcolbert@edisongroup.com
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