secwatch.observer — SEC 8-K summary
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Issuer:     MYOMO, INC. (MYO)
CIK:        0001369290
Form:       8-K
Filed at:   2023-08-28T23:59:59+00:00
Accession:  0001193125-23-222703
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1369290/000119312523222703/0001193125-23-222703-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1369290/000119312523222703/d539208d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-222703

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