SCHEDULE: Myomo Ownership Update: Hirschman Reports 1.3% Stake

Orin Hirschman and AIGH Capital Management LLC have filed an amended Schedule 13G, disclosing beneficial ownership of 1.3% of Myomo, Inc.'s common stock.

Summary

• Orin Hirschman, AIGH Capital Management LLC, and AIGH Investment Partners, L.L.C. (collectively, the "Reporting Persons") have filed an Amendment No. 4 to Schedule 13G regarding their beneficial ownership in Myomo, Inc.
• The filing reports that Orin Hirschman beneficially owns 523,000 shares of Myomo, Inc. common stock, representing 1.3% of the class.
• Mr. Hirschman holds sole voting and sole dispositive power over these 523,000 shares.
• AIGH Capital Management LLC and AIGH Investment Partners, L.L.C. are also listed as Reporting Persons, with AIGH Capital Management LLC reporting 0 shares with sole or shared voting/dispositive power on its cover page, indicating the aggregate ownership is primarily attributed to Mr. Hirschman's direct and indirect holdings.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Myomo, Inc.

Sentiment

Score: 5

Explanation: The filing is a routine beneficial ownership disclosure (Schedule 13G Amendment No. 4) and does not contain information that would significantly alter sentiment. The certification explicitly states the holding is not for control purposes, indicating a neutral stance.

Positives

• NA

Negatives

• NA

Risks

• NA

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Myomo, Inc.'s future outlook.

Management Comments

• Orin Hirschman certified that, to the best of his knowledge and belief, the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

This filing is a routine disclosure of beneficial ownership and does not provide specific industry context or analysis related to Myomo, Inc.'s operations or the broader industry trends.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant, but non-controlling, ownership stake by Orin Hirschman and affiliated entities.

Key Dates

Keywords

Myomo Inc., MYO, Orin Hirschman, AIGH Capital Management, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing