Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
MYOMO, INC. reported the fourth quarter of 2023 results: revenue in the range of $4.6 million to $4.8 million.
- Period
- the fourth quarter of 2023
- Revenue
- in the range of $4.6 million to $4.8 million
- Result
- preliminary results
Exact text from the filing
Revenue for the fourth quarter of 2023 is expected to be in the range of $4.6 million to $4.8 million, an increase of 14% to 19%, compared with the same period a year ago.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
MYOMO, INC. entered into Purchase Agreement with certain investors named therein, including certain of the Company’s 5% stockholders and certain directors and employees of the Company valued at gross proceeds of $6 million (effective 2024-01-16).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- certain investors named therein, including certain of the Company’s 5% stockholders and certain directors and employees of the Company
- Value
- gross proceeds of $6 million
- Effective
- 2024-01-16
Exact text from the filing
On January 16, 2024, Myomo, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain investors named therein, including certain of the Company’s 5% stockholders and certain directors and employees of the Company, pursuant to which the Company agreed to issue and sell, in a registered direct offering (the “Offering”) (i) 1,354,218 shares of the Company’s common stock (the “Common Stock”), par value $0.0001 per share (each a “Share” and collectively the “Shares”); and (ii) pre-funded warrants in lieu of shares of Common Stock (the “Pre-Funded Warrants”) to purchase 224,730 shares of Common Stock.
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