Publication relating to transparency notifications
Rhea-AI Summary
Nyxoah SA announced receiving a transparency notification from Vestal Point Capital following changes in voting securities. According to the notification dated October 22, 2024, Vestal Point Capital now holds 3,000,688 voting rights, representing 8.03% of total voting rights (37,389,015) as of October 9, 2024. The threshold of 5% was crossed. Vestal Point Capital, LP is controlled by Vestal Point Capital, (general partner), which is controlled by Ryan Wilder (managing member). Vestal Point Capital, LP serves as the investment management company with discretionary voting rights.
Positive
- Vestal Point Capital increased its position above 5% threshold, showing institutional investor confidence
Negative
- None.
Insights
This transparency notification reveals a significant ownership change in Nyxoah, with Vestal Point Capital acquiring a
The investment structure flows through Vestal Point Capital LP, managed by Vestal Point Capital and ultimately controlled by Ryan Wilder. This institutional backing could provide stability to the stock and signals confidence in Nyxoah's long-term prospects, particularly important for a medical device company in the sleep apnea space. The timing of this accumulation suggests strategic positioning ahead of potential catalysts.
REGULATED INFORMATION
Publication relating to transparency notifications
Mont-Saint-Guibert (Belgium), October 25, 2024, 10:30 pm CET / 4:30 pm ET – In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) announces that it received a transparency notification as detailed below.
Vestal Point Capital
On October 23, 2024, Nyxoah received a transparency notification from Vestal Point Capital following an acquisition or disposal of voting securities or voting rights. Based on the notification, Vestal Point Capital holds 3,000,688 voting rights, representing
The notification dated October 22, 2024 contains the following information:
- Reason for the notification: acquisition or disposal of voting securities or voting rights
- Notification by: a parent undertaking or a controlling person
- Persons subject to the notification requirement:
- Vestal Point Capital, LLC (with address at 632 Broadway, Suite 602, New York, NY 10012, USA)
- Vestal Point Capital, LP (with address at 632 Broadway, Suite 602, New York, NY 10012, USA)
- Ryan Wilder (with address at 632 Broadway, Suite 602, New York, NY 10012, USA)
- Date on which the threshold was crossed: October 9, 2024
- Threshold that is crossed:
5% - Denominator: 37,389,015
- Notified details:
| A) Voting rights | Previous notification | After the transaction | |||
| # of voting rights | # of voting rights | % of voting rights | |||
| Holders of voting rights | Linked to securities | Not linked to the securities | Linked to securities | Not linked to the securities | |
| Ryan Wilder | 0 | 0 | 0 | ||
| Vestal Point Capital, LLC | 0 | 0 | 0 | ||
| Vestal Point Capital, LP | 3,000,688 | 3,000,688 | 0 | ||
| Subtotal | 3,000,688 | 3,000,688 | |||
| TOTAL | 3,000,688 | 0 | |||
- Full chain of controlled undertakings through which the holding is effectively held: Vestal Point Capital, LP (investment manager) is controlled by Vestal Point Capital, LLC (general partner). Vestal Point Capital, LLC is controlled by Mr. Ryan Wilder (managing member).
- Additional information: Vestal Point Capital, LP is the investment management company that can exercise the voting rights at its discretion, in the absence of specific instruction.
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Contact:
Nyxoah
Loic Moreau, CFO
IR@nyxoah.com
Attachment
FAQ
What percentage of Nyxoah (NYXH) voting rights does Vestal Point Capital now own?
When did Vestal Point Capital cross the 5% threshold in Nyxoah (NYXH)?
How many total voting rights does Nyxoah (NYXH) have as of October 2024?
