MVM Partners (MDXH) discloses indirect stake of 4.7M MDxHealth shares

Rhea-AI Filing Summary

MVM Partners, LLC has filed an initial ownership report for MDxHealth SA, showing indirect holdings of 4,700,457 Ordinary Shares. These shares are held by private investment funds managed by MVM Partners. MVM states that it may be deemed a beneficial owner through its role as investment manager but disclaims beneficial ownership beyond any pecuniary interest.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MVM Partners, LLC

Role Director

Type	Security	Shares	Price	Value
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 4,700,457 shares (Indirect, See Footnote)

Footnotes (1)

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

MVM Partners, LLC

(Last) (First) (Middle)

OLD CITY HALL, 45 SCHOOL STREET

(Street)

BOSTON 02108

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
MDxHealth SA [ MDXH ]

3a. Foreign Trading Symbol
[MDXH]

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	4,700,457	I	See Footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The securities reported herein are directly owned by certain private investment vehicles managed by MVM Partners, LLC (the "Funds"). The securities may also be deemed beneficially owned by MVM Partners, LLC ("MVM") as the investment manager of the Funds. MVM disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interests therein, if any, and this Form 3 shall not be deemed an admission that MVM is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Remarks:

Dr. Eric Bednarski, a member of the board of directors of the Issuer and a managing partner of MVM, was elected to the board of the Issuer as a representative of MVM and its affiliates. As a result, MVM is a director by deputization for purposes of Section 16 of the Securities Exchange Act of 1934, as amended. As a managing partner of MVM and a member of MVM's investment committee, Dr. Bednarski may also be deemed to beneficially own the securities. Dr. Bednarski disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interests therein, if any, and this Form 3 shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

	By: /s/ Eric Bednarski, Managing Member of MVM Partners, LLC	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does MVM Partners report in its MDXH Form 3 filing?

MVM Partners, LLC reports indirect ownership of 4,700,457 Ordinary Shares of MDxHealth SA. The shares are held by private investment vehicles it manages, and this Form 3 serves as an initial statement of beneficial ownership under Section 16 rules.

How many MDxHealth (MDXH) shares are indirectly held by MVM Partners?

MVM Partners indirectly holds 4,700,457 Ordinary Shares of MDxHealth SA. These shares are owned by certain private investment funds managed by MVM Partners, rather than being held directly by the firm itself or an individual insider.

Is the MVM Partners MDXH Form 3 a buy or sell transaction?

The MVM Partners MDXH Form 3 does not report a buy or sell. It is an initial ownership filing that discloses an existing indirect position of 4,700,457 Ordinary Shares held through managed investment funds.

How does MVM Partners describe its beneficial ownership of MDXH shares?

MVM Partners notes the securities may be deemed beneficially owned through its role as investment manager of the funds. However, it expressly disclaims beneficial ownership of the reported shares except to the extent of its pecuniary interests, if any.

Are MDxHealth (MDXH) shares held directly by MVM Partners?

The MDxHealth shares are directly owned by private investment vehicles managed by MVM Partners, not by MVM itself. The Form 3 clarifies that MVM’s connection is as investment manager to these funds, with a limited pecuniary-interest-based beneficial ownership claim.

Why is MVM Partners considered a reporting person for MDxHealth (MDXH)?

MVM Partners is a reporting person because funds it manages hold 4,700,457 MDxHealth Ordinary Shares, creating potential beneficial ownership. Section 16 rules require such entities to file when they exceed relevant thresholds, even when they disclaim full beneficial ownership.