Notes

Supposition Point Capital Administration Calls on MiMedx to Confirm typically the Company Has brought Characters of Serious Concern from other Shareholders
Disappointed how the MiMedx Panel Has Resorted to Disinformation and Effects to Distract Investors from your Board's and even Management's Own Problems

Reiterates Intention to Withhold Votes In opposition to Directors Phyllis Gardner and James Bierman at 2022 Twelve-monthly Meeting and Vote Against Approval involving Executive Compensation

PIOCHE ROUGE, La., May possibly 18, 2022 /PRNewswire/ -- Prescience Stage Capital Management LLC ("Prescience Point"), some sort of research-focused, catalyst-driven investment firm that beneficially owns approximately 6th. 7% of the outstanding common inventory of MiMedx Class, Inc. ("MDXG" or even the "Company") (NASDAQ: MDXG), today given the following assertion:

"In recent push releases and correspondence, MiMedx has misleadingly portrayed Prescience Point as a lone disgruntled shareholder. Nevertheless , from what many of us understand, several some other large MiMedx investors, representing a lot of MDXG shares, have put correspondence to the Company outlining similar issues to ours. Together with an important vote coming up with the Company's twelve-monthly meeting of investors on June seven, 2022, we believe it is imperative that will shareholders know the particular truth. As such, we demand the particular Board and administration to publicly validate that they possess received letters regarding concern from the other huge shareholders current weeks, " stated Eiad Asbahi, Founder and Managing Partner associated with Prescience Point.

Like an example involving the apparently wide-spread discontent within the MiMedx shareholder base, Supposition Point noted the following comments from your e-mail sent to be able to the Board by a large, longstanding shareholder which was just lately made publicly offered on an trader information website:

"? Nevertheless , the glorious blow to most of this is [CEO] Tim's and this kind of Boards "Let them eat cake' plan to pass around shares of stock like candy. Shareholders are being organised hostage by typically the resulting dilution of this ill acquired compensation.

"Shame in this Board as well for accepting thousands in stock and even cash each season while shareholders undergo. You might be all derelict inside your fiduciary duty to us? the particular true owners of MIMEDX who set our hard-earned cash into this company.

"This management and panel are not lined up with shareholders' needs and are a textbook example involving all that is wrong with company governance in all of us world of avarice and self working. "

"Rather as compared to acknowledge the egregious value destruction induced by the misguided strategies and steps of the Table and management, and the totally unjustified stock awards they have granted themselves, the Company has engaged in personal attacks against me based on events through over 2 decades ago that have for ages been settled. This will be both an upsetting weakness of persona within a publicly-traded health care company, and a desperate make an effort to discompose shareholders in the failings of the Board and management, inch said Mr. Asbahi.

Prescience Point reiterated its intention to be able to WITHHOLD its votes against two associates of MDXG's Plank of Directors, Phyllis Gardner and Adam Bierman, who are really on with election at the Company's annual meeting, and political election AGAINST approval of the executive payment package.

"We intend to send a concept that the repeated problems and deficiencies involving the MiMedx Panel and management can not be suffered by shareholders, by voting WITHHOLD in opposition to two directors and voting NO upon the Company's extreme and undeserved executive compensation. We expect that MDXG shareholders ought to not swallow all of the misleading and self-serving disinformation constantly becoming served up from the Board and managing, and that this is incumbent on the Board as fiduciaries to set typically the record straight, inches Mr. Asbahi noted.

Disclaimer

This material does not constitute a deal to sell or a solicitation of an offer to acquire any of the securities described here in any express to any particular person. In addition , the talks and opinions within this report are for general information simply and they are not meant to provide investment advice. All transactions contained in this kind of press release that will are not plainly historical in characteristics or that automatically depend on upcoming events are "forward-looking statements, " which usually are not warranties of future performance or results, and even the words "anticipate, " "believe, inch "expect, " "potential, " "could, inches "opportunity, " "estimate, " and comparable expressions are typically intended to identify forward-looking statements. The estimated results and claims within this push release that are not historic facts are depending on current expectations, talk only as of the date involving this pr release and even involve risks that will may cause the particular results to end up being materially different. Particular information included inside this material is dependent on data obtained through sources considered to be reliable. Simply no representation is built with respect to be able to the accuracy or completeness of these kinds of data, and virtually any analyses provided to support the recipient of this presentation within evaluating the concerns described herein may possibly be depending on very subjective assessments and assumptions and may work with one among substitute methodologies that develop different results. Accordingly, prescience point need to also not have to get seen as factual and also should not get relied upon being an accurate prediction regarding future results. Most figures are unaudited estimates and subject to revision without discover. Prescience Point disclaims any obligation to update the data herein and stores the right to be able to change any associated with its opinions expressed herein anytime as it deems correct. Past performance is simply not indicative of prospect results.

About Supposition Point Capital Administration

Prescience Point Capital Management is a private investment administrator that employs forensic investigative techniques in order to unearth significant mispricing in global market segments. It focuses on intensive investigations of difficult-to-analyze public companies inside order to discover significant elements of the business that have been overlooked or overlooked by others.

Supposition Point manages individual funds on part of its clients and principals in addition to takes positions each long and quick in support associated with its research. Prescience Point invests throughout a wide range of equities which it believes include abnormally large disparities between what their particular underlying businesses are generally intrinsically worth in addition to what their securities sell for. Typically the firm was created by investor Eiad Asbahi in 2009 in addition to is headquartered within Baton Rouge, ARE GENERALLY. Prescience Point Capital Management is a new registered investment specialist using the State of Louisiana. Follow @PresciencePoint.

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