Prescience Point Capital Managing Issues Open Letter to Shareholders involving MiMedx Group

Prescience Point Capital Administration Issues Open Notification to Shareholders involving
MiMedx Group

PR Newswire

BATON ROUGE, La., May a few, 2022

Intends about Withholding Votes Towards Directors Phyllis Gardner and James
Bierman at 2022 Annual Meeting and Have your vote Against Approval of Executive
Compensation

PIOCHE ROUGE, La., May 6, 2022 /PRNewswire/ -- Prescience Point Capital
Management LLC ("Prescience Point"), the research-focused, catalyst-driven
expense firm that beneficially owns approximately six. 7% of typically the exceptional
common inventory of MiMedx Party, Inc. ("MDXG" or the "Company") (NASDAQ: MDXG),
today given an open notification to shareholders asserting its intent in order to HOLD BACK
its ballots against two people of MDXG's Table of Directors, Phyllis Gardner
and David Bierman, who are really up for political election at the Company's annual meeting of
shareholders on June 7, 2022.

"MDXG's share price is definitely down over 70 percent from its peak less than some sort of year ago,
mostly as an outcome of mismanaged clinical trials, value-destructive
judgements, and poor buyer communication, among various other failures. Yet typically the
Board recently given vast amounts in inventory to CEO Tim Wright and
some other members of typically the Company's senior authority team, " explained Eiad Asbahi,
Owner and Managing Partner of Prescience Stage.

"Under the Board's oversight, management provides aligned itself with, and electrical power
has become overly focused into, the hands of a non-public equity firm, EW
Healthcare Partners ("EW"). This has triggered the Company becoming manage
primarily intended for the advantage of several factions? EW plus management? on the expense
of the broader shareholder base. We expect shareholders deserve a truly
representative Board that will make sound, value-creating judgements in the
best interests of investors. It is crucial that we almost all
send a clear message through our WITHHOLD votes of which continued
underperformance, excessive compensation, and value-destructive actions in the
Panel and management may not be suffered. prescience point will likely also assist set the stage
for next year's shareholder meeting, where four Board chairs will probably be up for
election, " added Mr. Asbahi.

Regarding Prescience Point Funds Management
Prescience Level Capital Management is a private purchase manager that
uses forensic investigative processes to unearth significant mispricing in
global marketplaces. It specializes inside of extensive investigations of
difficult-to-analyze public organizations in order to uncover considerable components
of the business which have been ignored or ignored by simply others.

Prescience Level manages private cash on behalf of its clients and principals
and can take positions both long and short in support of it is research. Prescience
Point invests across a wide range of equities which it believes have unusually
large disparities between what their main businesses are intrinsically
worth and exactly what their securities promote for. The company was founded by investor
Eiad Asbahi in 2009 and is usually headquartered in Creux Rouge, LA. Supposition Point
Capital Supervision is an authorized investment advisor together with the State of
Louisiana. Follow @PresciencePoint.

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SOURCE Prescience Point Capital Managing

Contact: Investor Get in touch with: info@presciencepoint. com, Press Contact: Dukas
Linden Public Relations, 646-808-3665, prescience@dlpr. com