Analysis

'Mini-IPO' Could Spur More Listings Through Reg A+ Route

Law360, New York (June 12, 2017, 9:26 PM EDT) -- Medical robotics company Myomo Inc. began trading on the New York Stock Exchange's MKT venue on Monday, marking the first company to list on a major exchange after going public under so-called Reg A+ rules, and attorneys expect more small companies to follow in its footsteps.

Myomo netted $7.9 million after selling 665,498 shares at $7.50 each, raising $5 million, combined with a private sale of shares totaling $2.9 million to accredited investors. The deal — less than $15 million the company had originally sought — was...
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