Nyxoah SA collapses 49.7% following a discounted stock offering

• #Nyxoah SA shares fell by nearly half after the medical technology company priced a new stock offering at a steep discount.
• #The stock fell 49.7% to close at $1.45 on a volume of 2,440,000 shares, which is 62.6 times its 20-day average of 38,969 shares.
• #The capital raise dilutes existing shareholders but secures the necessary funding to support the U.S. commercial rollout of its sleep apnea system.