Notes

Supposition Point Capital Administration Calls on MiMedx to Confirm the Company Has brought Letters of Serious Worry from other Shareholders
Disappointed the MiMedx Panel Has Resorted to Disinformation and Distortions to Distract Investors in the Board's in addition to Management's Own Disappointments

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

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

"In recent push releases and correspondence, MiMedx has misleadingly portrayed Prescience Stage as a solitary disgruntled shareholder. Nevertheless , from what we all understand, several some other large MiMedx investors, representing an incredible number of MDXG shares, have sent out correspondence for the Company outlining similar worries to ours. Using an important have your say coming up in the Company's total annual meeting of shareholders on June 8, 2022, we expect it is imperative that will shareholders know the particular truth. As these kinds of, we demand the particular Board and supervision to publicly verify that they have received letters of concern from the other significant shareholders current days, " stated Eiad Asbahi, Founder and even Managing Partner involving Prescience Point.

Like an example associated with the apparently widespread discontent in the MiMedx shareholder base, Supposition Point noted the following comments from an e-mail sent to the Board by simply a large, longstanding shareholder that has been just lately made publicly available on an buyer information website:

"? Yet , the glorious blow to most of this is definitely [CEO] Tim's and this kind of Boards "Let all of them eat cake' program to pass all-around shares of share like candy. Shareholders are being organised hostage by the particular resulting dilution regarding this ill acquired compensation.

"Shame on this Board as well for accepting hundreds of thousands in stock plus cash each yr while shareholders undergo. You will be all derelict within your fiduciary obligation to us? the true owners involving MIMEDX who set our hard-earned funds into the corporation.

"This management and plank are not aimed with shareholders' best interests and are the textbook example of all that is definitely wrong with corporate governance in modern-day world of avarice and self interacting. "

"Rather as compared to acknowledge the fancy value destruction brought on by the misdirected strategies and activities of the Panel and management, and the totally unjustified stock awards that they have granted themselves, the Company has involved in personal episodes against me centered on events coming from over 2 decades before that have always been settled. This is definitely both an unpleasant weakness of character within a publicly-traded health-related company, and some sort of desperate try to disturb shareholders through the failings of the Table and management, " said Mr. Asbahi.

Prescience Point reiterated its intention to be able to WITHHOLD its ballots against two members of MDXG's Table of Directors, Phyllis Gardner and David Bierman, who are generally on with election in the Company's twelve-monthly meeting, and to have your vote AGAINST approval involving the executive reimbursement package.

"We plan to send a concept that this repeated failures and deficiencies regarding the MiMedx Plank and management is going to not be tolerated by shareholders, by simply voting WITHHOLD in opposition to two directors plus voting NO upon the Company's excessive and undeserved executive compensation. We expect that MDXG shareholders have to not swallow each of the misleading and self-serving disinformation constantly getting served up by the Board and managing, and that it is incumbent upon the Board as fiduciaries to create the particular record straight, inches Mr. Asbahi known.

Disclaimer

This material will not constitute an offer to sell or even a solicitation of an offer to purchase any of typically the securities described here in any point out to any particular person. In addition , the discussions and opinions throughout this report are for general information only and therefore are not meant to provide expense advice. All assertions contained in this specific press release of which are not obviously historical in characteristics or that always depend on foreseeable future events are "forward-looking statements, " which often are not warranties of future efficiency or results, plus the words "anticipate, " "believe, inch "expect, " "potential, " "could, very well "opportunity, " "estimate, " and similar expressions are normally intended to identify forward-looking statements. The estimated results and transactions found in this click release which are not traditional facts are based upon current expectations, communicate only as involving the date regarding this pr release plus involve risks that will may cause the specific results to end up being materially different. Certain information included found in this material will be based upon data obtained coming from sources considered to be able to be reliable. No representation is built with respect to be able to the accuracy or perhaps completeness of this sort of data, and any kind of analyses provided to help the recipient associated with this presentation throughout evaluating the concerns described herein may be depending on very subjective assessments and presumptions and may make use of one among substitute methodologies that produce different results. Accordingly, any analyses should also not have to get seen as factual as well as should not be relied upon being an accurate prediction involving future results. Almost all figures are unaudited estimates and controlled by revision without notice. Prescience Point disclaims any obligation to update the details herein and stored the right to be able to change any involving its opinions indicated herein without notice since it deems correct. Past performance is not really indicative of prospect results.

About Prescience Point Capital Managing

Prescience Point Money Management is a new private investment office manager that employs forensic investigative techniques in order to unearth significant mispricing in global market segments. It focuses primarily on considerable investigations of difficult-to-analyze public companies inside order to find out significant elements involving the business which were overlooked or dismissed by others.

Supposition Point manages personal funds on account of its consumers and principals in addition to takes positions each long and quick in support of its research. Supposition Point invests around a broad set of equities that this believes include abnormally large disparities between what their very own underlying businesses are generally intrinsically worth in addition to what their stock options sell for. The particular firm was launched by investor Eiad Asbahi last season plus is headquartered inside Baton Rouge, UNA. Prescience Point Funds Management is a registered investment expert using the State involving Louisiana. Follow @ prescience point capital management .

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