Company: OPGN
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001829126-25-006628
Chunk: 160

Company: OPGEN INC
Filing Date: 2025-08-21
Form: 10-K
Item: Item 1A
Chunk 160
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 of 1,092,572 shares of our common stock, and stock options to purchase 138 shares of our common stock. A significant number of such warrants have exercise prices above our common stock’s recent trading prices; however, the holders have the right to effect a cashless exercise of such warrants. If a significant number of such warrants and stock options are exercised by the holders, whether through cash or cashless exercises, the percentage of our common stock owned by our existing stockholders will be diluted.

16

We have never paid dividends on our capital stock, and we do not anticipate paying dividends in the foreseeable future.

We have never paid dividends on any of our capital stock and currently intend to retain any future earnings to fund the growth of our business. We may also enter into credit agreements or other borrowing arrangements in the future that will restrict our ability to declare or pay cash dividends on our common stock. Any determination to pay dividends in the future will be at the discretion of our Board of Directors and will depend on our financial condition, operating results, capital requirements, general business conditions and other factors that our Board of Directors may deem relevant. As a result, capital appreciation, if any, of our common stock will be the sole source of gain, if any, for the foreseeable future.

Unstable market and economic conditions may have serious adverse consequences on our business, financial condition and stock price.

The
global credit and financial markets have recently experienced extreme volatility and disruptions, including severely diminished
liquidity and credit availability, declines in consumer confidence, declines in economic growth, instability in inflation in U.S.
and foreign markets, increases in unemployment rates and uncertainty about economic stability. The financial markets and the global
economy may also be adversely affected by the current or anticipated impact of military conflict, including the conflicts between
(i) Russia and Ukraine and (ii) Israel and Hamas, terrorism or other geopolitical events. Sanctions imposed by the United States and
other countries in response to such conflicts may also adversely impact the financial markets and the global economy, and any
economic countermeasures by affected countries and others could exacerbate market and economic instability. There can be no
assurance that further deterioration in credit and financial markets and confidence in economic conditions will not occur. Our
general business strategy may be adversely affected by any such economic downturn, volatile business environment or continued
unpredictable and unstable market conditions, including instability in inflation. If the current equity and credit markets
deteriorate, it may make any necessary debt or equity financing