Yearly Archives - 2016

Medical Robotics Firm Myomo Explores Going Public

Myomo, Inc., a commercial-stage medical robotics company whose products enable users to overcome upper extremity paralysis (www.myomo.com), announced today that it has confidentially submitted a Form 1-A with the Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its common stock under the recently amended provisions of Regulation A pursuant to the Jumpstart Our Business Startups (JOBS) Act of 2012. The number of shares to be offered and the price range for the proposed offering have...
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Medical robotics firm treating upper extremity paralysis explores going public

Cambridge, Massachusetts-based Myomo announced Friday that it is taking advantage of new SEC provisions that allow early-stage companies to raise capital without restricting it to only accredited investors Through the Regulation A+ provision, which is an amendment to Regulation A, the Securities & Exchange Commission adopted rules that went into effect June 2015 allowing early-stage companies to raise a maximum of $50 million from the public. They are known as mini-IPOs and mark a pivotal moment given the agency accepted equity crowdfunding...
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Myomo registers for IPO

Myomo said today it filed with the SEC for an initial public offering, looking to register on the NYSE under the ticker symbol “MYO”. Myomo develops and produces myoelectric orthotics for patients with neuromuscular disorders, including its flagship MyoPro line. The orthosis devices are non-invasive, powered braces used to support weak or deformed arms and hands to allow for functional activity. Read more >>
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Sysmex Selects Aras Innovator PLM

Aras, the next leader in enterprise product lifecycle management (PLM) software, announced Sysmex Corp., a leading international manufacturer of laboratory testing instruments and reagents for medical laboratories worldwide, has selected Aras Innovator PLM platform. The company will standardize product design information as electronic master data and streamline data management between development and manufacturing. The implementation will help the company meet compliance requirements for medical instrument manufacturers. Read more >>
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