Company: OPGN
Filing Date: 2025-05-29
Form Type: 8-K
Source: 0001829126-25-004053
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Company: OPGEN INC
Filing Date: 2025-05-29
Form: 8-K
Item: Item 1.01
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Item 1.01 Entry into a Material Definitive Agreement.

On January 2, 2024, AEI Capital Ltd., the Company’s
controlling stockholder (“ AEI Capital”), entered into a Letter of Engagement with a privately held company (the “ Client”),
pursuant to which AEI Capital agreed to provide certain listing advisory services relating to the preparation and facilitation of an initial
public offering for the Client (the “ Engagement Agreement”). In consideration for such services, AEI Capital is entitled to
receive a fee consisting of: (i) 2.1% of the outstanding equity interests of the Client (the “ Equity Consideration”) and (ii)
$120,000 (the “ Cash Consideration,” and collectively, with the Equity Consideration, the “ Consideration”). The
Equity Consideration is payable as follows: (a) 0.5% of the Equity Consideration was paid on October 10, 2024 (the “ First Tranche”);
(b) 0.4% of the Equity Consideration will be payable after five calendar quarters from the date of the Engagement Agreement; and (c) 1.2%
of the Equity Consideration will be payable one month prior to the planned filing of the Client’s application for listing. The Cash
Consideration is payable as follows: (1) $60,000 is payable after 14 months from the date of the Engagement Agreement; and (2) $60,000
is payable upon successful completion of the Client’s listing. All Consideration under the Engagement Agreement must be paid within
14 days of the occurrence of the event giving rise to the payment. The Engagement Agreement contains other customary representations,
warranties, and agreements of the parties as well as customary indemnification rights and obligations of the Client.

On October 2, 2024, CapForce International Holdings
Ltd. (“ CapForce”), a limited liability company incorporated in Malaysia and wholly owned subsidiary of OpGen, Inc. (the “ Company”),
which was organized by the Company for purposes of repositioning itself as a new business in the digital investment banking industry powered
by financial technology, entered into an Agreement of Assignment of Mandate with AEI Capital in respect of Direct Listing Sponsorship
Advisory Services (the “ Assignment Agreement”), pursuant to which AEI Capital assigned all of its rights to the Consideration
to CapForce. As a result, in October 2024, AEI Capital transferred and