NEW YORK (GenomeWeb) – OpGen announced today that it has priced its public offering of approximately 3.7 million units of common stock and common warrants at $3.25 per unit.

The firm expects to raise $12 million in gross proceeds.

Each unit being offered is comprised of one share of common stock and one common warrant to purchase one-half of a share of common stock. Each common warrant will expire five years from the issuance date.