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Forum - Wall Street Pit (Myomo Inc. - MYO)    Stock Due Diligence for All

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From: SunTzu772 (Rep: 1008)Date: 06/18/2017 22:51
Forum: Wall Street Pit - Msg #2678605 - List MYO msgs Thread #673933334 (Rec: 1)
CEO Paul Gudonis rings NYSE closing bell with two stroke survivors



Myomo is a commercial stage medical robotics company that offers expanded mobility for those suffering from neurological disorders and upper limb paralysis. Their products have inherent consumer appeal which is very important at this early stage of the establishment of Reg A+ as a recognized capital raising and liquidity system. This consumer appeal provided the potential for online marketing to build interest and investment flow from consumers.
Because Myomo took a hybrid approach, successfully raising capital from both Wall Street (retail brokerage) and Main Street investors, they created a win-win situation where the combination made for a critical mass of investors and ultimately their IPO completion.
Myomo started their offering in early March and completed it in just less than three months. Paul Gudonis, CEO of Myomo said: “While a traditional public offering is generally reserved for large institutions and the Wall Street elite to invest at this stage, we are taking advantage of new SEC regulations to level the playing field for all investors to participate concurrently in our IPO.”



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