MDxHealth to conduct €10 million private placement of ordinary stock

ING Belgium and Petercam are the bookrunners; deal will settle June 29

By Devika Patel

Knoxville, Tenn., June 28 - MDxHealth SA said it will raise about €10 million in a private placement of shares. The deal may be increased.

ING Belgium NV/SA and Petercam NV/SA are joint bookrunners.

Settlement is expected June 29.

Proceeds will be used to support and scale-up a U.S.-based sales and marketing team, operate and scale-up the company's U.S.-based CLIA-registered commercial laboratory and accelerate product development.

MDxHealth is a Liege, Belgium, molecular diagnostics company.

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