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MDxHealth holder plans sale of 1.5M shares

A 10% stockholder of MDxHealth SA has filed to sell up to 1.5 million NASDAQ-listed common shares through a registered public offering for cash.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MDxHealth SA (MDXH) received a notice under Rule 144 that a 10% stockholder, identified as Bleichroeder, plans to sell up to 1,500,000 shares of common stock. The shares are to be sold for cash through a registered public offering, with BTIG LLC as broker and the stock listed on NASDAQ.

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Shares to be sold 1,500,000 shares Maximum number of MDxHealth SA common shares covered by the Form 144 notice
Aggregate market value $1,056,900.00 Value listed for 1,500,000 common shares in the securities information section
Planned sale date September 26, 2024 Date associated with the registered public offering of 1,500,000 shares
Ownership stake classification 10% stockholder Status of Bleichroeder, the person for whose account the securities are to be sold
Listing venue NASDAQ Exchange on which the common stock referenced in the notice is listed
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
registered public offering financial
"Common Stock | 09/26/2024 | Registered Public Offering | Issuer"
A registered public offering is when a company files required documents with regulators to sell new shares or bonds to the general public, providing standardized financial and business information for transparency. For investors, it matters because it creates an opportunity to buy newly issued securities while often increasing market liquidity, but it can also dilute existing ownership and affect share price as supply and company funding needs change—think of a bakery baking extra loaves that can satisfy more customers but slightly reduces each owner's slice of the original batch.
10% Stockholder financial
"In addition, information shall be given as to sales by all persons... 10% Stockholder"
Common Stock financial
"Common Stock | BTIG LLC 350 Bush St, 9th FL, San Francisco CA 94104"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing reveal about MDXH shares?

The filing states that a 10% stockholder plans to sell up to 1,500,000 shares of MDxHealth SA common stock for cash through a registered public offering, with BTIG LLC as the broker and the shares listed on NASDAQ.

How many MDXH shares are covered by this Form 144 notice?

The notice covers up to 1,500,000 shares of MDxHealth SA common stock. This amount appears both in the securities information section and in the section describing the securities to be sold.

What is the indicated market value of the MDXH shares in the Form 144?

The securities information section lists 1,500,000 shares of common stock with an aggregate market value of approximately $1,056,900.00, tied to the NASDAQ-listed security described in the filing.

Who is selling MDXH shares according to the Form 144?

The seller is identified as Bleichroeder, described as a 10% stockholder. The filing notes that information must cover that person and others whose sales must be aggregated under paragraph (e) of Rule 144.

How will the MDXH shares be sold under this Form 144?

The Form 144 describes a registered public offering for cash as the method of sale. BTIG LLC is listed as the broker for the common stock to be sold on NASDAQ.

What dates are associated with the planned MDXH share sale?

The securities to be sold section lists September 26, 2024 as the date related to the registered public offering of 1,500,000 shares. Another date, September 17, 2026, appears in the securities information and signature areas.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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