secwatch / observer
8-K filed January 17, 2024, 6:59 PM ET ticker MYO CIK 0001369290
earnings confidence high sentiment positive materiality 0.80

Myomo reports prelim Q4 revenue $4.6-$4.8M (+14-19% YoY), raises $6M in registered direct offering

MYOMO, INC.

2023-FY EPS reported -$0.28 revenue$19,241,158

Key facts

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.
View on SEC.gov
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.
View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

MYOMO, INC. filing history →

Source: SEC EDGAR
accession 0001193125-24-009264
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