Company: NYXH
Filing Date: 2025-03-20
Form Type: F-3
Source: 0001104659-25-026217
Chunk: 70

Company: Nyxoah SA
Filing Date: 2025-03-20
Form: F-3
Chunk 70
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 interest will be diluted to the extent of the difference between the price per ordinary share you pay in this offering and the net tangible book value per ordinary share immediately after this offering. As of December 31, 2024, our net tangible book value was $65.1 million, or $1.74 per ordinary share. Net tangible book value per ordinary share is equal to our total assets minus intangible assets and total liabilities, divided by 37,427,265, the total number of ordinary shares outstanding as of December 31, 2024. After giving effect to the sale of our ordinary shares in the aggregate amount of $50.0 million at an assumed offering price of $10.60 per ordinary share, the last reported sale price of our ordinary shares on The Nasdaq Global Market on March 18, 2025, and after deducting commissions and estimated offering expenses payable by us, our as adjusted net tangible book value as of December 31, 2024 would have been $113.1 million, or $2.68 per ordinary share. This would represent an immediate increase in net tangible book value of $0.94 per ordinary share to our existing shareholders and an immediate dilution in net tangible book value of $7.92 per ordinary share to new investors in this offering. The following table illustrates this calculation on a per ordinary share basis. The as adjusted information is illustrative only and will adjust based on the actual price to the public, the actual number of ordinary shares sold and other terms of the offering determined at the time our ordinary shares are sold pursuant to this prospectus supplement. The ordinary shares sold in this offering, if any, will be sold from time to time at various prices.

| ​ | Assumed public offering price per ordinary share                                           | ​ | ​ | ​ | ​ |    ​ | ​ | ​ | ​ | ​ | $ | 10.60 | ​ | ​ |
| ​ | Net tangible book value per ordinary share as of December 31, 2024                         | ​ | ​ | ​ | $ | 1.74 | ​ | ​ | ​ | ​ | ​ |     ​ | ​ | ​ |
| ​ | Increase in net tangible book value per ordinary share attributable to the offering        | ​ | ​ | ​ | $ | 0.94 | ​ | ​ | ​ | ​ | ​ |     ​ | ​ | ​ |
| ​ | As adjusted net tangible book value per ordinary share after giving effect to the offering | ​