Myomo, Inc. Announces Closing of Public Offering and Full Exercise of Over-Allotment Option

CAMBRIDGE, Mass., February 12, 2019 – 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 has closed its previously announced underwritten public offering of 3,950,000 shares of common stock at an offering price of $1.40 per share. In connection with the offering, the underwriter exercised in full its over-allotment option to purchase an additional 592,500 shares of common stock at the public offering price, less underwriting discounts and commissions. All of the shares of common stock were offered by the Company. Read more.