other material
confidence high
sentiment neutral
materiality 0.55
OpGen closes $7.5M public offering of common stock and warrants
CapForce Inc.
- Sold 2,586,207 shares/common or pre-funded warrants, plus Series A-1 and A-2 warrants at $2.90 per combined unit.
- Gross proceeds approximately $7.5M; net proceeds to fund commercialization of Acuitas AMR Gene Panel and Unyvero Platform.
- Proceeds also allocated to Ares Genetics development, sales/marketing, manufacturing infrastructure, and debt repayment.
- H.C. Wainwright acted as exclusive placement agent, receiving 6.0% cash fee.
- Offering closed on January 11, 2023 under effective S-1 registration statement (File No. 333-268648).