INSIDE INFORMATION<\/strong><\/p>\n
Nyxoah Announces Reduction of the Maximum Amount Available Under its At-the-Market Equity Offering Program <\/strong><\/p>\n Mont-Saint-Guibert, Belgium May 22, 2024, 10:10pm CET \/ 4:10pm ET Nyxoah SA (Euronext Brussels\/Nasdaq: NYXH)<\/strong> (Nyxoah or the Company), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea (OSA), announced today that it has reduced the maximum amount of 6,000,000 ordinary shares available for issuance under its at-the-market offering (announced on December 22, 2022) by an amount of 1,569,139 ordinary shares, or share capital of EUR\u00a0269,579 (excluding issuance premium), resulting in (i)\u00a0a maximum of 4,430,861 ordinary shares to be issued under its at-the-market offering, of which 3,662,699 ordinary shares remain available for issuance, and (ii)\u00a0an increase of the authorized capital that is available to the board of directors by EUR\u00a0269,579. For further context, please refer to section\u00a01.5.2 of the May 22, 2024 board report that is available on the investor page of Nyxoahs website (https:\/\/investors.nyxoah.com\/financials<\/a> > Special Reports).<\/p>\n This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company.<\/p>\n About Nyxoah<\/strong> Caution <\/strong> CE marked since 2019. Investigational device in the United States. Limited by U.S. federal law to investigational use in the United States.<\/p>\n Forward-Looking Statements<\/strong> Contact:<\/strong> \n Attachment<\/strong>\n<\/p>\n
Nyxoah is a medical technology company focused on the development and commercialization of innovative solutions to treat OSA. Nyxoahs lead solution is the Genio\u00ae system, a patient-centered, leadless and battery-free hypoglossal neurostimulation therapy for OSA, the worlds most common sleep disordered breathing condition that is associated with increased mortality risk and cardiovascular comorbidities. Nyxoah is driven by the vision that OSA patients should enjoy restful nights and feel enabled to live their life to its fullest.\u00a0<\/p>\n
This press release contains forward-looking statements, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements that are not statements of historical facts are, or may be deemed to be, forward-looking statements. Such forward-looking statements may be identified by words such as expects, potential, could, or similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements include express or implied statements relating to, among other things, Nyxoahs current expectations regarding the Genio\u00ae system; planned and ongoing clinical studies of the Genio\u00ae system; the potential advantages of the Genio\u00ae system; Nyxoahs goals with respect to the development, regulatory pathway and potential use of the Genio\u00ae system; the utility of clinical data in potentially obtaining FDA approval of the Genio\u00ae system; the Company’s results of operations, financial condition, liquidity, performance, prospects, growth and strategies; and statements relating to the offering, including the expected closing, the anticipated proceeds from the offering and the use thereof. These statements are neither promises nor guarantees and are subject to a variety of risks and uncertainties, many of which are beyond Nyxoahs control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. In particular, these risks and uncertainties include, without limitation, risks relating to market conditions and the Companys inability, or the inability of the underwriters, to satisfy the conditions for the closing of the offering. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. Other risks and uncertainties faced by Nyxoah include those identified under the heading “Risk Factors” in Nyxoahs most recent Annual Report on Form 20-F filed with the SEC, as well as subsequent filings and reports filed with the SEC. The forward-looking statements contained in this press release reflect Nyxoahs views as of the date hereof, and Nyxoah does not assume and specifically disclaims any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.<\/p>\n
Nyxoah<\/strong>
David DeMartino, Chief Strategy Officer
IR@nyxoah.com<\/p>\n\n
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