Nyxoah Proclaims Closing of Nasdaq Preliminary Public Providing and Underwriters’ Full Train of Possibility to Buy Extra Shares
Mont-Saint-Guibert, Belgium – July 8, 2021, 10:30pm CET / 4:30pm ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Firm”), a medical know-how firm targeted on the event and commercialization of revolutionary options to deal with Obstructive Sleep Apnea (OSA), at the moment introduced the closing on July 7, 2021 of its preliminary public providing in america (the “Providing”) of two,835,000 peculiar shares at a value to the general public of US$30 per share for whole gross proceeds of US$85.1 million earlier than deducting underwriting reductions and commissions and estimated providing bills. As well as, Nyxoah introduced at the moment that the underwriters of the Providing have exercised their choice to buy extra shares in full. The choice to buy extra shares granted to the underwriters was for the acquisition of as much as an extra 425,250 new peculiar shares, on the public providing value of US$30 per share, earlier than underwriting reductions and commissions. This train will deliver the whole gross proceeds of the Providing to US$97.8 million earlier than deducting underwriting reductions and commissions and estimated providing bills. The closing of the train of the choice to buy extra shares is anticipated to happen on July 9, 2021, topic to the satisfaction of customary closing circumstances.
Piper Sandler, Stifel and Cantor acted as joint book-running managers for the providing. Degroof Petercam acted as a co-manager.
A registration assertion regarding the peculiar shares was filed with the Securities and Change Fee (“SEC”) and declared efficient on June 30, 2021. This press launch doesn’t represent a proposal to promote or a solicitation of a proposal to purchase, nor shall there be any sale of those securities in any state or jurisdiction wherein such a proposal, solicitation or sale could be illegal previous to registration or qualification or publication of an providing prospectus underneath the securities legal guidelines of any such state or jurisdiction.
The providing of peculiar shares was made solely via a prospectus. A duplicate of the ultimate prospectus may be obtained from Piper Sandler & Co., Consideration: Prospectus Division, 800 Nicollet Mall, J12S03, Minneapolis, Minnesota 55402, by e-mail at email@example.com, or by telephone at (800) 747-3924; Stifel, Nicolaus & Firm, Included at Consideration: Syndicate, One Montgomery Avenue, Suite 3700, San Francisco, CA 94104, by phone at (415) 364-2720, or by e-mail at firstname.lastname@example.org; or Cantor Fitzgerald & Co., Consideration: Capital Markets, 499 Park Avenue, 4th Ground, New York, New York 10022; e-mail: email@example.com.
This press launch consists of sure disclosures that comprise “forward-looking statements,” together with, with out limitation, statements relating to the closing of the shares to be bought pursuant to the train of the choice to buy extra peculiar shares. Ahead-looking statements are based mostly on Nyxoah’s present expectations and are topic to inherent uncertainties, dangers and assumptions which might be troublesome to foretell and will trigger precise outcomes to vary. Ahead-looking statements contained on this announcement are made as of this date, and Nyxoah undertakes no obligation to replace such info besides as required underneath relevant regulation.
No public providing shall be made and nobody has taken any motion that will, or is meant to, allow a public providing in any nation or jurisdiction, apart from america, the place any such motion is required, together with in Belgium. Belgian traders, apart from certified traders inside the that means of the Belgian Act of 11 July 2018 on the general public providing of securities and the admission of securities to be traded on a regulated market, is not going to be eligible to take part within the providing (whether or not in Belgium or elsewhere). The transaction to which this press launch relates will solely be accessible to, and shall be engaged in solely with, in member states of the European Financial Space, individuals falling inside the that means of Article 2(e) of Regulation (EU) 2017/1129 on the prospectus to be printed when securities are provided to the general public or admitted to buying and selling on a regulated market (the “Prospectus Regulation”), and in the UK, funding professionals falling inside article 19 (5) of the Monetary Providers and Markets Act 2000 (Monetary Promotion) Order 2005 (the “Order”), individuals falling inside article 49 (2), (a) to (d) of the Order and different individuals to whom it could lawfully be communicated. A list prospectus shall be ready by Nyxoah in accordance with Article 3 of the Prospectus Regulation for the aim of getting the brand new peculiar shares, issued pursuant to the Providing and the train by the underwriters of their choice to buy extra peculiar shares, admitted to buying and selling on Euronext Brussels.
Fabian Suarez, Chief Monetary Officer
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