March 25 (Reuters) - OpGen Inc ( OPGN ):

* OPGEN ANNOUNCES ACQUISITION OF PREFERRED STOCK BY DAVID

LAZAR

* OPGEN INC ( OPGN ): DAVID LAZAR WILL TAKE OVER AS CEO OF OPGEN

* OPGEN INC ( OPGN ): SETTLES OUTSTANDING LIABILITIES WITH EIB

* OPGEN ( OPGN ): GOT INTO SECURITIES PURCHASE DEAL WITH DAVID LAZAR

POST

WHICH HE TO BUY 3 MILLION SHARES OF SERIES E PREFERRED STOCK AT

$1.00/SHARE FOR $3 MILLION

* OPGEN INC ( OPGN ): OLIVER SCHACHT, PHD, RESIGNED AS CEO

* OPGEN INC ( OPGN ): WILL PAY $2 MILLION OF PROCEEDS FROM FINANCING

TO

SETTLE ALL OUTSTANDING DEBT OF COMPANY TO EACH OF EIB AND

CURETIS

* OPGEN INC ( OPGN ): SETTLEMENT AGREEMENT WITH EIB ALSO TERMINATED

GUARANTEE AGREEMENT

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