OpGen subsidiaries Curetis and Ares Genetics file for bankruptcy in Germany and Austria

CapForce Inc.

Curetis filed bankruptcy petition with district court of Stuttgart, Germany on Nov 6, 2023.
Ares Genetics filed bankruptcy petition with commercial court in Vienna, Austria (Ref 38 S 175/23x).
Dr. Katharina Widhalm-Budak appointed insolvency administrator for Ares Genetics by Vienna court.
Insolvency administrators assume control of subsidiaries, eliminating parent company authority.
Subsidiaries' assets may be liquidated if sale efforts fail; parent had unsuccessful efforts to sell or raise capital.

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