Nyxoah SA Announces Publication Relating To A Transparency Notification
Portfolio Pulse from Benzinga Newsdesk
Nyxoah SA (NASDAQ:NYXH) received a transparency notification from Deerfield Partners, L.P., indicating a decrease in their shareholding to 2.99%, crossing below the 3% threshold on November 30, 2023. Deerfield Partners now holds 856,085 shares, representing a decrease from their previous holding of 899,300 shares. The notification includes details of the controlled undertakings and the reason for the notification, which is the disposal of voting securities.

December 08, 2023 | 9:31 pm
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NEUTRAL IMPACT
Deerfield Partners, L.P. has reduced its stake in Nyxoah SA to below the 3% threshold, now holding 2.99% of the company's shares. This change in significant shareholding could potentially influence investor sentiment.
The sale of shares by a significant investor like Deerfield Partners could be seen as a negative signal by the market, potentially leading to a short-term negative impact on NYXH's stock price. However, since the stake is still below a very significant level (e.g., 5% or 10%), and the reduction is relatively small, the impact may be limited. The confidence level is not at the maximum because the market's reaction to such notifications can be unpredictable and may also be influenced by other concurrent market factors.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 70