BOSTON (January 17, 2024) ─ Myomo, Inc. (NYSE American: MYO) (“Myomo” or the “Company”), a wearable medical robotics company that offers increased functionality for those suffering from neurological disorders and upper-limb paralysis, today announced that it has entered into securities purchase agreements with certain new and existing institutional investors as well as certain insiders of the Company for the purchase and sale of 1,578,948 shares of common stock (or common stock equivalents in lieu thereof) at a purchase price of $3.80 per share, which was the closing price of the Company’s common stock traded on the NYSE American on January 16, 2024, pursuant to a registered direct offering, resulting in total gross proceeds of approximately $6.0 million before deducting placement agent commissions and other offering expenses (Read more).