MDxHealth Announces Completion of Initial Public Offering of ADSs in the United States
16 November 2021 - 9:00AM
MDxHealth Announces Completion of Initial Public Offering of ADSs
in the United States
NEWS
RELEASE – REGULATED INFORMATION
15
November 2021,
11:00 p.m.
CET
MDxHealth Shareholder
Transparency Declarations
IRVINE, CA, and
HERSTAL, BELGIUM – 15 November
2021 – MDxHealth SA (Nasdaq and Euronext Brussels: MDXH) (the
"Company" or "MDxHealth"), a commercial-stage precision diagnostics
company, announces today in accordance with Article 14 of the
Belgian Act of 2 May 2007 on the disclosure of important
participations in issuers of which shares are admitted to trading
on a regulated market and regarding miscellaneous provisions (the
"Belgian Transparency Act"), that it received the following
notifications of significant shareholdings.
MDxHealth was notified that the number of shares
with respect to which Bleichroeder LP can exercise voting rights
actively crossed above the threshold of 10% of the outstanding
shares and voting rights of MDxHealth on 4 November 2021. Notably,
it follows from the notification that an aggregate of 21,783,330
shares of MDxHealth, representing 13.97% of the 155,969,226
outstanding shares and voting rights of MDxHealth (taking into
account the capital increase that was announced on 4 November 2021
and that was completed on 8 November 2021), is held through the
following entities: 21 April Fund LP (5,266,830 shares), 21 April
Fund LTD (13,599,830 shares), Hill Family Alternative Investments
LLC (2,500,000 shares), and White Clover SA (416,670 shares) (the
"Funds"). The notification also stated that the
voting rights attached to the shares are exercised on behalf of the
Funds by the investment adviser Bleichroeder LP, a Delaware limited
partnership, at its discretion, in the absence of specific
instructions, that Bleichroeder Holdings LLC, a Delaware limited
liability company, is the general partner of Bleichroeder LP, that,
as the general partner, Bleichroeder Holdings LLC holds control
over voting rights of Bleichroeder LP, and that Bleichroeder
Holdings LLC is not a controlled entity.
MDxHealth was notified that the number of shares
with respect to which Soleus Capital Management, L.P. can exercise
voting rights actively crossed below the threshold of 5% of the
outstanding shares and voting rights of MDxHealth on 5 November
2021. Notably, it follows from the notification that 5,829,261
shares of MDxHealth, representing 4.92% of 118,469,226 outstanding
shares and voting rights of MDxHealth (which, taking into account
the capital increase that was announced on 4 November 2021 and that
was completed on 8 November 2021, represents 3.97% of 155,969,226
outstanding shares and voting rights of MDxHealth), are held
through Soleus Capital Master Fund, L.P. The notification also
stated that the voting rights attached to the shares are exercised
by the investment advisor Soleus Capital Management, L.P., a
Delaware limited partnership, at its discretion, in the absence of
specific instructions, that Soleus Capital Master Fund, L.P. is a
limited partnership formed in the Cayman Islands, that Soleus
Capital Management, L.P. is controlled by a sole general partner,
Soleus GP, LLC, a Delaware limited liability company, and that
Soleus GP, LLC is controlled by its sole member, Mr. Guy Levy.
For further information, reference is made to
the information published on MDxHealth's website
(http://www.mdxhealth.com/investors/shareholder-information).
Pursuant to the Belgian Transparency Act and the
articles of association of the Company, a notification to the
Company and the Belgian Financial Services and Markets Authority
(FSMA) is required by all natural and legal persons in each case
where the percentage of voting rights attached to the securities
held by such persons in the Company reaches, exceeds or falls below
the threshold of 3%, 5%, 10%, and every subsequent multiple of 5%,
of the total number of voting rights in the Company.
About MDxHealth®MDxHealth is a
commercial-stage precision diagnostics company that provides
actionable molecular diagnostic information to personalize the
diagnosis and treatment of cancer. The Company's tests are based on
proprietary genetic, epigenetic (methylation) and other molecular
technologies and assist physicians with the diagnosis of urologic
cancers and prognosis of recurrence risk. The Company's European
headquarters are in Herstal, Belgium, with laboratory operations in
Nijmegen, The Netherlands, and U.S. headquarters and laboratory
operations based in Irvine, California. For more information, visit
mdxhealth.com and follow us on social media at:
twitter.com/mdxhealth, facebook.com/mdxhealth and
linkedin.com/company/mdxhealth.
For more information: |
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MDxHealth |
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info@mdxhealth.com |
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Important information
The MDxHealth logo, MDxHealth, ConfirmMDx and
SelectMDx are trademarks or registered trademarks of MDxHealth SA.
All other trademarks and service marks are the property of their
respective owners.
- Transparency Press Release (ENG) - FINAL UPDATED
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