GAITHERSBURG, Md., March 26, 2019 (GLOBE NEWSWIRE) -- OpGen, Inc. (Nasdaq: OPGN) announced today the pricing of an underwritten public offering of 9 million shares of its common stock at a public offering price of $0.60 per share. The company also granted the underwriters a 45-day option to acquire an additional 1,350,000 shares to cover overallotments in connection with the offering. The offering is expected to close on or about March 28, 2019, subject to customary closing conditions.

Aegis Capital Corp. acted as the sole book-running manager for the offering.

The gross proceeds of the offering are expected to be approximately $5.4 million, prior to deducting underwriting discounts and other estimated offering expenses.

About OpGen

OpGen, Inc. is a precision medicine company harnessing the power of molecular diagnostics and informatics to help combat infectious disease. We are developing molecular information products and services for global healthcare settings, helping to guide clinicians with more rapid and actionable information about life threatening infections, improve patient outcomes, and decrease the spread of infections caused by multidrug-resistant microorganisms, or MDROs.