Notes

Supposition Point Capital Supervision Calls on MiMedx to Confirm the particular Company Has brought Words of Serious Worry from other Shareholders
Disappointed the MiMedx Panel Has Resorted in order to Disinformation and Effects to Distract Shareholders through the Board's in addition to Management's Own Problems

Reiterates Intention to be able to Withhold Votes Against Directors Phyllis Gardner and James Bierman at 2022 Annual Meeting and Election Against Approval regarding Executive Compensation

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

"In recent push releases and words, MiMedx has misleadingly portrayed Prescience Level as an only disgruntled shareholder. Nevertheless , from what we all understand, several other large MiMedx investors, representing a lot of MDXG shares, have sent out correspondence to the Business outlining similar worries to ours. Using an important vote coming up in the Company's yearly meeting of shareholders on June seven, 2022, we expect that is imperative that shareholders know typically the truth. As this sort of, we demand the particular Board and managing to publicly validate that they have got received letters of concern from other significant shareholders current weeks, " stated Eiad Asbahi, Founder and Managing Partner associated with Prescience Point.

Like an example associated with the apparently common discontent inside the MiMedx shareholder base, Supposition Point noted the particular following comments from an e-mail sent to be able to the Board by simply a large, longstanding shareholder which was just lately made publicly obtainable on an entrepreneur information website:

inches? However , the crowning blow to all of this is [CEO] Tim's and this specific Boards "Let them eat cake' approach to pass about shares of inventory like candy. Investors are being organised hostage by typically the resulting dilution associated with this ill gained compensation.

"Shame on this Board too for accepting hundreds of thousands in stock plus cash each year while shareholders undergo. You might be all derelict within your fiduciary accountability to us? typically the true owners involving MIMEDX who place our hard-earned money into this business.

"This management and board are not aimed with shareholders' best interests and are a textbook example associated with all that is usually wrong with corporate and business governance in all of us world of hpye and self working. "

"Rather compared to acknowledge the egregious value destruction brought on by the misdirected strategies and steps of the Panel and management, and the totally unjustified stock awards they have granted on their own, the Company features engaged in personal episodes against me dependent on events from over 2 decades back that have for ages been settled. This is both a distressing weakness of persona in the publicly-traded health care company, and a new desperate attempt to disturb shareholders in the failings of the Board and management, inches said Mr. Asbahi.

Prescience Point reiterated its intention in order to WITHHOLD its votes against two members of MDXG's Plank of Directors, Phyllis Gardner and David Bierman, who are really up for election with the Company's twelve-monthly meeting, and election AGAINST approval regarding the executive payment package.

"We plan to send a communication how the repeated downfalls and deficiencies involving the MiMedx Panel and management will not be tolerated by shareholders, by voting WITHHOLD in opposition to two directors plus voting NO in the Company's too much and undeserved business compensation. We expect that will MDXG shareholders ought to not swallow all the misleading and self-serving disinformation constantly being served up by the Board and supervision, and that that is incumbent after the Board while fiduciaries setting the record straight, inch Mr. Asbahi mentioned.

Disclaimer

This material will not constitute a package to sell or perhaps a solicitation of an offer to get any of typically the securities described here in any point out to any particular person. In addition , the discussions and opinions throughout this pr release are intended for general information just and they are not meant to provide investment advice. All claims contained in this kind of press release that will are not evidently historical in mother nature or that always depend on upcoming events are "forward-looking statements, " which in turn are not assurances of future performance or results, plus the words "anticipate, " "believe, inches "expect, " "potential, " "could, very well "opportunity, " "estimate, " and similar expressions are normally meant to identify forward-looking statements. The forecasted results and claims found in this hit release which are not historical facts are according to current expectations, communicate only as of the date of this pr release plus involve risks that will may cause the particular results to be materially different. Particular information included found in this material is founded on data obtained by sources considered to be reliable. No representation is manufactured with respect to be able to the accuracy or perhaps completeness of this sort of data, and any analyses provided to support the recipient of this presentation throughout evaluating the matters described herein might be according to subjective assessments and presumptions and may work with one among alternate methodologies that develop different results. Consequently, any analyses have to also not get viewed as factual and also should not be relied upon being an accurate prediction associated with future results. Just about all figures are unaudited estimates and be subject to revision without observe. Prescience Point disclaims any obligation to be able to update the details herein and supplies the right to be able to change any regarding its opinions expressed herein without notice because it deems suitable. Past performance is not really indicative of prospect results.

About Prescience Point Capital Supervision

Prescience Point Capital Management is some sort of private investment manager that employs forensic investigative techniques to be able to unearth significant mispricing in global market segments. It specializes in extensive investigations of difficult-to-analyze public companies within order to reveal significant elements regarding the business which were overlooked or dismissed by others.

Supposition Point manages exclusive funds on behalf of its clientele and principals and even takes positions equally long and brief in support regarding its research. prescience point capital management invests across a wide range of equities it believes have abnormally large disparities between what their underlying businesses are generally intrinsically worth in addition to what their securities sell for. The firm was started by investor Eiad Asbahi in 2009 and is headquartered inside Baton Rouge, UNA. prescience point capital management is a registered investment specialist with the State of Louisiana. Follow @PresciencePoint.

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