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MDXH Neutral Sentiment Score: 55/100

REGULATED INFORMATION FEBRUARY 21, 2023, 4:30 pm ET/ 22:30 CET MDxHealth Shareholder Transparency Declaration IRVINE, CA, and HERSTAL, BELGIUM - 21 February 2023 - MDxHealth SA (Nasdaq and Euronext Brussel

Key Takeaway: MDxHealth SA announced a shareholder transparency declaration on February 21, 2023. The declaration revealed that Bleichroeder LP's voting rights crossed below 15% of the company's total outstanding shares. Specifically, they hold 14.75% of the 262,880,936 outstanding shares. The notification fulfills compliance requirements under the Belgian Transparency Act.

Market Sentiment Analysis

POSITIVE FACTORS

  • MDxHealth operates as a precision diagnostics company providing actionable molecular information.
  • The company continues to comply with regulatory requirements by issuing a shareholder transparency declaration.

Full Press Release Details

REGULATED INFORMATION
FEBRUARY 21, 2023, 4:30 pm ET/ 22:30 CET
MDxHealth Shareholder Transparency Declaration
IRVINE, CA, and HERSTAL, BELGIUM -
21 February 2023 - 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
The Company was notified that the number of shares
with respect to which Bleichroeder LP can exercise voting rights crossed below the threshold of 15% of the outstanding shares and voting
rights of mdxhealth on 03 February 2023. Notably, it follows from the notification that an aggregate of 38,783,335 shares of mdxhealth,
representing 14.75% of the 262,880,936 outstanding shares and voting rights of mdxhealth, is held through the following entities: 21 April
Fund LP (8,024,518 shares), 21 April Fund LTD (20,342,162 shares), Hill Family Alternative Investments LLC (10,000,000 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.
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.
mdxhealth is a commercial-stage precision diagnostics
company that provides actionable molecular information to personalize patient diagnosis and treatment. The Company's tests are based
on proprietary genomic, epigenetic (methylation) and other molecular technologies and assist physicians with the diagnosis and prognosis
of urologic cancers and other urologic diseases. The Company's U.S. headquarters and laboratory operations are in Irvine, California,
with additional laboratory operations in Plano, Texas. European headquarters are in Herstal, Belgium, with laboratory operations in Nijmegen,
and linkedin.com/company/mdxhealth.
For more information:
LifeSci Advisors (IR & PR)
NOTE: The mdxhealth logo,
mdxhealth, Confirm mdx, Select mdx, Resolve mdx, Genomic Prostate Score, GPS and Monitor mdx are trademarks or registered trademarks of
MDxHealth SA. All other trademarks and service marks are the property of their respective owners.

Frequently Asked Questions

What is MDxHealth's recent shareholder declaration about?

MDxHealth declared that Bleichroeder LP's voting rights dropped below 15% of shares.

How many shares does Bleichroeder LP currently hold?

Bleichroeder LP holds an aggregate of 38,783,335 shares, or 14.75%.

What types of cancers do MDxHealth's tests help diagnose?

MDxHealth's tests assist in diagnosing urologic cancers and other urologic diseases.

Where are MDxHealth's headquarters located?

MDxHealth's U.S. headquarters are in Irvine, California, and its European HQ in Herstal, Belgium.

Last updated: Feb 23, 2023