Company: OPGN
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001829126-25-008771
Chunk: 69

Company: OPGEN INC
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 69
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. In October 2024, the Company and AEI Capital Ltd. entered into a First Amendment to the August 2024 Securities Purchase Agreement (the “Amendment”). The Amendment amended the August 2024 Securities Purchase Agreement by: (1) granting the Company the right to sell two additional tranches of common stock to AEI Capital Ltd. of $3.0 million each, for an aggregate amount of $9.0 million under the August 2024 Securities Purchase Agreement; and (2) extending the Company’s ability to sell shares of common stock to AEI Capital Ltd. under the August 2024 Securities Purchase Agreement until December 31, 2025.

Stock
purchase warrants

The Company has historically issued common stock purchase warrants
in connection with various equity or debt offerings or development agreements. These issuances include entering into inducement agreements
with holders of existing warrants whereby terms are amended or additional warrants are issued in order to induce exercise of the existing
warrants. The Company did not issue any common stock warrants nor were any warrants exercised in the year ended December 31, 2024 or year-to-date
through June 30, 2025. 

The Company has certain outstanding warrants that
will only become exercisable upon stockholder approval; subsequent to receiving stockholder approval, the warrants will be exercisable
for a period of five years.

At June 30, 2025 and December 31, 2024, the following
warrants to purchase shares of common stock were outstanding:

    Schedule of stock purchase warrants

    Outstanding at

    Issuance

        Exercise
        Price

    Expiration

    June 30, 2025

    December 31, 2024

    February 2015
     
    $
    660,000.00

    February 2025

    -

    3

    November 2020
     
    $
    504.40

    May 2026

    1,211

    1,211

    February 2021
     
    $
    780.00

    August 2026

    2,084

    2,084

    May 2023
     
    $
    7.785

    - (1)

    889,274

    889,274

    October 2023
     
    $
    3.36

    April 2029