secwatch.observer — SEC 8-K summary
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Issuer:     MYOMO, INC. (MYO)
CIK:        0001369290
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0001193125-22-210150
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Myomo enters $5M common stock purchase agreement with Keystone Capital Partners
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- Up to $5M of common stock may be sold at Myomo's discretion; 50,000 commitment shares issued.
- Purchase price based on market price at time of sale; no upper limit and no obligation for Myomo to sell.
- Issuance capped at 19.99% of outstanding shares (1,399,348 shares) unless stockholder approval or price exceeds book/market value.
- Proceeds to be used for working capital and general corporate purposes; Keystone prohibited from short sales.
- Agreement terminates upon $5M aggregate purchases, Registration Statement expiry, or delisting among others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1369290/000119312522210150/0001193125-22-210150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1369290/000119312522210150/d384616d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-210150

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