Myomo raises $4.4M in registered public offering of common stock and pre-funded warrants

MYOMO, INC.

Offering consists of 5,413,334 shares of common stock and 1,920,000 pre-funded warrants at $0.60 per share/$0.5999 per warrant.
Gross proceeds expected to be $4.4 million; net proceeds for general corporate purposes, including working capital, R&D, and sales.
Placement agent A.G.P. receives 6% cash fee plus $10k non-accountable expense and up to $50k accountable legal fees.
90-day lock-up on new equity issuance; 12-month prohibition on variable rate transactions.
Closing expected August 29, 2023; investors include 5% stockholder AIGH Capital Management and certain officers/employees.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.