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OpGen nets $18mm in IPO

Executive Summary

OpGen Inc. netted $18mm through its initial public offering of 3.27mm units (including the overallotment) at $6. Each unit consists one common share of common stock and a five-year warrant to purchase one share at an exercise price of $6.60. The company first announced plans to sell 3.75mm shares between $8 and $10 each, and shortly thereafter said it would offer 2.5mm units at $5.50-6.50.
Deal Industry
  • In Vitro Diagnostics
  • Research, Analytical Equipment & Supplies
  • Services
  • In Vitro Diagnostics
    • Molecular Diagnostics & Genetic Testing
  • Biotechnology
    • Drug Discovery Tools
      • Bioinformatics
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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