Company: OPGN
Filing Date: 2025-08-21
Form Type: 10-K
Source: 0001829126-25-006628
Chunk: 1516

Company: OPGEN INC
Filing Date: 2025-08-21
Form: 10-K
Item: Item 9
Chunk 1516
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3 for our named executive officers. In connection with the transactions contemplated by the March 2024 Private Placement, in March 2024, each of Messrs. Schacht, Weber and Bacher resigned as officers of the Company, and Mr. Lazar was appointed as our Chief Executive Officer. In connection with the July 2024 transaction whereby Mr. Lazar sold his shares of Series E Preferred Stock together with his rights to purchase the additional shares of Series E Preferred Stock under the March 2024 Purchase Agreement to AEI Capital Ltd, Mr. Lazar resigned as CEO, Chairman and Director of the Company, effective August 2, 2024, and John Tan Honjian was appointed to CEO, Chairman and Director of the Company. Mr. Lazar currently maintains a role as President.

    Named Executive Officer and Principal Position
     
    Year

        Salary ($)

        Bonus
        ($)

    Stock Awards (1) ($)

    Option Awards (1) ($)

    Non-Equity Incentive Plan Compensation (2)(3) ($)

        All Other Compensation
        ($)

        Total
        ($) 

    John Tan Honjian(4)
     
    2024
     
    $
    -

    $
    -

    $
    -

    $
    -

    $
    -

    $
    -

    $
    -

    Chief Executive Officer

    Mohd Azham Azudin
     
    2024
     
    $
    -

    $
    -

    $
    50,000

    $
    -

    $
    -

    $
    -

    $
    50,000

    Chief Operating Officer

    David Lazar
     
    2024
     
    $
    135,333

    $
    135,333

    $
    1,005,979

    $
    -

    $
    -

    $
    127,640
    (5) 
     
    $
    1,404,285

    Chief Executive Officer

    Oliver Schacht, Ph.D.
     
    2024
     
    $
    115,018

    $
    -

    $
    100,002

    $
    -

    $
    -

    $
    23,593
    (6) 
     
    $
    238,613

    Chief Executive Officer
     
    2023
     
    $
    353,484