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OPGN

OpGen

$3.15 /

+0.2 (+6.78%)

09:05
03/24/20
03/24
09:05
03/24/20
09:05

OpGen says vote achieves quorum with 99% support for Curetis transaction

OpGen announced an update on shareholder proxy voting in relation to the business combination with Curetis. As of March 23, 2020, a quorum has been achieved for the Company's upcoming Special Meeting of Shareholders to be held on March 30, 2020 at which shareholders will vote on the approval of the business combination transaction. Of those OpGen shareholders who have voted on the business combination proposal, more than 99% have voted in support of the transaction. OpGen initially convened a Special Meeting of shareholders to approve the business combination transaction on March 10, 2020. Because a quorum was not represented at the Special Meeting, shareholders voted to adjourn the meeting in order to allow additional time for shareholders to vote on the proposal. Accordingly, the Special Meeting was adjourned to 10:00 a.m., local time, on Monday, March 30, 2020, at the offices of Ballard Spahr LLP, 1909 K Street, NW, 12th Floor, Washington DC. OpGen's shareholders as of the record date of January 24, 2020 will continue to be entitled to vote at the Special Meeting on March 30, 2020. OpGen and Curetis entered into a definitive agreement to combine businesses on September 4, 2019. The closing of the transaction under such definitive agreement has not yet occurred and is subject to a number of significant closing conditions, including receipt of approval from the stockholders of OpGen. Until the closing occurs, each of OpGen and Curetis are operating as stand-alone businesses.

  • 24

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  • 30

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