Conditional Issuance of Shares

Rhea-AI Summary

Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) has announced a conditional issuance of up to 5 million ordinary shares through its existing at-the-market (ATM) equity offering programs. This brings the total potential ATM shares to 5,662,694, including 662,694 shares still available from a previous conditional issuance decided on December 22, 2022.

The ATM shares will be sold at prevailing USD market prices on the Nasdaq Global Market at the time of sale, in accordance with the existing sales agreement from December 22, 2022.

Positive

• Flexibility in raising capital through market-based pricing
• Additional funding potential through 5.66M shares

Negative

• Potential dilution of existing shareholders
• Share price pressure from increased supply

INSIDE INFORMATION
REGULATED INFORMATION

Conditional Issuance of Shares

Mont-Saint-Guibert, Belgium – April 16, 2025, 8:00 am CET / 2:00 am ET – Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) (“Nyxoah” or the “Company”), today announced a conditional issuance of up to 5 million ordinary shares under its existing at-the-market equity offering programs (the “ATM”). This brings the aggregate number of ordinary shares that can be sold and issued under the Company’s ATM to 5,662,694 (the “ATM Shares”), which includes 662,694 shares that are still available from the conditional issuance of shares under the ATM decided upon on December 22, 2022.

Pursuant to the existing sales agreement entered into by the Company on December 22, 2022, ATM Shares may be sold from time to time at a sales price per ATM Share equal to prevailing USD market prices of the Nyxoah ordinary share on the Nasdaq Global Market at the time of the sale.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities.

Contacts:

Nyxoah
John Landry, CFO
IR@nyxoah.com

Attachment

• ATM PR - ENG - FINAL

FAQ

How many new shares will Nyxoah (NYXH) issue in its latest ATM offering?

Nyxoah will issue up to 5 million new ordinary shares, bringing the total potential ATM shares to 5,662,694.

What is the pricing mechanism for Nyxoah's (NYXH) ATM shares?

The ATM shares will be sold at prevailing USD market prices on the Nasdaq Global Market at the time of sale.

When was Nyxoah's (NYXH) previous ATM program established?

The previous ATM program was established on December 22, 2022, with 662,694 shares still available.

What is the total number of shares available under Nyxoah's (NYXH) current ATM program?

The total number of shares available under the current ATM program is 5,662,694, combining new and previously authorized shares.