---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-044373"
form_type: "8-K"
ticker: "MYO"
cik: "0001369290"
company_name: "MYOMO, INC."
filed_at: "2023-08-24T23:59:59+00:00"
generated_at: "2026-06-11T04:02:41.728501+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Myomo receives first Medicare Part B payments for MyoPro; terminates Keystone stock agreement

## Summary
- Received payment on two MyoPro claims under Medicare Part B capped rental program (13-month payout).
- CMS proposed rule would reclassify MyoPro to brace benefit category with lump-sum reimbursement; public comments due Aug 29, 2023.
- Additional MyoPro claims are currently under review by DME MACs.
- Terminated $5M common stock purchase agreement with Keystone Capital Partners by mutual consent; no penalties incurred.

## SEC filing metadata
- accession: 0000950170-23-044373
- form_type: 8-K
- ticker: MYO
- cik: 0001369290
- company_name: MYOMO, INC.
- filed_at: 2023-08-24T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1369290/000095017023044373/0000950170-23-044373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1369290/000095017023044373/myo-20230824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-044373
- JSON: https://secwatch.observer/filing/0000950170-23-044373.json
- Plain text: https://secwatch.observer/filing/0000950170-23-044373.txt

## Key facts
- Material Agreements
  MYOMO, INC. terminated common stock purchase agreement with Keystone Capital Partners, LLC valued at $5,000,000 of common stock (effective 2023-08-24).
  - Action: termination
  - Agreement: equity purchase
  - Counterparty: Keystone Capital Partners, LLC
  - Value: $5,000,000 of common stock
  - Effective: 2023-08-24
  source text: On August 24, 2023, Myomo, Inc. (the “Company”) and Keystone Capital Partners, LLC (“Keystone”), by mutual written consent, agreed to terminate the common stock purchase agreement dated August 2, 2022 by and between the Company and Keystone pursuant to which Keystone agreed to purchase from us, from time to time, up to $5,000,000 of our common stock, subject to certain limitations. The Company did not incur any early termination penalties in connection with the early termination of such agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1369290/000095017023044373/0000950170-23-044373-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.