Notes

Prescience Point Capital Supervision Calls on MiMedx to Confirm the particular Company Has Received Characters of Serious Problem from other Shareholders
Disappointed that this MiMedx Panel Has Resorted in order to Disinformation and Distortions to Distract Investors from the Board's plus Management's Own Downfalls

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

BATON ROUGE, La., May well 18, 2022 /PRNewswire/ -- Prescience Level Capital Management LLC ("Prescience Point"), a new research-focused, catalyst-driven investment decision firm that beneficially owns approximately 6. 7% of the particular outstanding common stock of MiMedx Team, Inc. ("MDXG" or perhaps the "Company") (NASDAQ: MDXG), today released the following assertion:

"In recent hit releases and characters, MiMedx has deceivingly portrayed Prescience Point as a solitary disgruntled shareholder. Nevertheless , from what we all understand, several various other large MiMedx investors, representing a lot of MDXG shares, have sent correspondence to the Firm outlining similar issues to ours. Together with an important election coming up from the Company's yearly meeting of investors on June 7, 2022, we expect it is imperative that shareholders know the truth. As these kinds of, we demand the Board and managing to publicly confirm that they possess received letters associated with concern from all other significant shareholders in recent weeks, " stated Eiad Asbahi, Founder in addition to Managing Partner associated with Prescience Point.

While an example involving the apparently common discontent within 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 recently made publicly offered on an trader information website:

very well? Nevertheless , the crowning blow to most of this is definitely [CEO] Tim's and this Boards "Let these people eat cake' plan to pass around shares of share like candy. Shareholders are being organised hostage by typically the resulting dilution involving this ill received compensation.

"Shame about this Board too for accepting millions in stock and cash each season while shareholders endure. You are all derelict inside your fiduciary obligation to us? prescience point regarding MIMEDX who place our hard-earned money into this business.

"This management and table are not lined up with shareholders' needs and are a new textbook example of all that is wrong with corporate governance in today's world of hpye and self working. "

"Rather compared to acknowledge the egregious value destruction caused by the misdirected strategies and behavior of the Plank and management, and the totally unjustified stock awards they will have granted by themselves, the Company features involved in personal problems against me dependent on events coming from over twenty years ago that have always been settled. This will be both a distressing weakness of character in the publicly-traded healthcare company, and the desperate attempt to discompose shareholders in the failings of the Board and management, inch said Mr. Asbahi.

Prescience Point reiterated its intention in order to WITHHOLD its ballots against two people of MDXG's Table of Directors, Phyllis Gardner and James Bierman, who are on with election at the Company's total annual meeting, and election AGAINST approval involving the executive payment package.

"We want to send a concept how the repeated failures and deficiencies regarding the MiMedx Panel and management will certainly not be tolerated by shareholders, simply by voting WITHHOLD against two directors and voting NO in the Company's abnormal and undeserved exec compensation. We feel of which MDXG shareholders ought to not swallow each of the misleading and self-serving disinformation constantly becoming served up by the Board and management, and that that is incumbent after the Board while fiduciaries to put the particular record straight, inch Mr. Asbahi observed.

Disclaimer

This material truly does not constitute a package to sell or a solicitation involving an offer to buy any of the securities described here in any point out to any individual. Additionally , the talks and opinions in this pr release are intended for general information simply and they are not designed to provide investment decision advice. All assertions contained in this specific press release that are not obviously historical in character or that automatically depend on upcoming events are "forward-looking statements, " which in turn are not promises of future performance or results, and even the words "anticipate, " "believe, " "expect, " "potential, " "could, very well "opportunity, " "estimate, " and related expressions are usually intended to identify forward-looking statements. The forecasted results and claims a part of this push release that are not historical facts are based on current expectations, speak only as associated with the date of this report and involve risks that will may cause the actual results to turn out to be materially different. Selected information included inside of this material is based on data obtained through sources considered in order to be reliable. Zero representation is built with respect to the accuracy or perhaps completeness of such data, and any kind of analyses provided to support the recipient regarding this presentation in evaluating the matters described herein may possibly be based upon very subjective assessments and assumptions and may use one among alternate methodologies that produce different results. Consequently, any analyses should also not have to get viewed as factual as well as should not get relied upon as an accurate prediction involving future results. Just about all figures are unaudited estimates and be subject to revision without see. Prescience Point disclaims any obligation to update the information herein and stores the right to be able to change any involving its opinions stated herein whenever you want while it deems correct. Past performance is simply not indicative of prospect results.

About Supposition Point Capital Managing

Prescience Point Capital Management is the private investment supervisor that employs forensic investigative techniques to be able to unearth significant mispricing in global marketplaces. It focuses on substantial investigations of difficult-to-analyze public companies within order to find out significant elements involving the business which have been overlooked or ignored by others.

Supposition Point manages exclusive funds on account of its clientele and principals and takes positions each long and quick in support involving its research. Supposition Point invests across a large set of equities that this believes have abnormally large disparities between what their particular underlying businesses are usually intrinsically worth and what their investments sell for. Typically the firm was launched by investor Eiad Asbahi last season and even is headquartered throughout Baton Rouge, UNA. Prescience Point Funds Management is the registered investment expert with the State of Louisiana. Follow @PresciencePoint.

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