MYO up 96% > IPO today > (NYSE MKT: MYO) ("Myomo" or the "Company"), a commercial stage medical robotics company, today announced that its Chairman and CEO, Paul R. Gudonis, will ring today's closing bell at the New York Stock Exchange (NYSE) MKT in New York City in commemoration of its initial public offering (IPO) closing on June 9, 2017. Gudonis will be joined by Arthur Jerome "Jay Jay" Johnson, a U.S. veteran from Cleveland, and Jessica Peters, a stroke survivor from Salem, Mass., users of Myomo's MyoPro myoelectric arm orthosis. The MyoPro is the only lightweight wearable device that helps restore function in the paralyzed or weakened arms and hands of individuals who have suffered a stroke, spinal cord or nerve injury, or other neuromuscular disability.
"We are very pleased to complete our IPO as the first Regulation A+ issuer to trade on the NYSE MKT, providing us with the resources to accomplish our mission of addressing upper limb paralysis with our proprietary life-changing technology," said Gudonis. "In commemorating our IPO, we acknowledge our broad stakeholder community, including 'Jay Jay,' who has successfully regained mobility, and Jessica, who has returned to the workforce and serves as a peer mentor to other young victims of stroke. We also acknowledge the NYSE, in conjunction with the Jumpstart Our Business Startups (JOBS) Act, for paving the way for small growth companies such as ours to raise capital. We look forward to continuing to execute our growth agenda and returning value to our shareholders."
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