Corporate ActionJun 26, 2026, 04:12 PM
Myomo Increases Authorized Shares to 100M, Expands Stock Option Plan
AI Summary
Myomo, Inc. stockholders approved key proposals at the Annual Meeting on June 25, 2026. This included an amendment to the Certificate of Incorporation to increase the authorized common stock to 100,000,000 shares. Additionally, the Myomo 2018 Stock Option and Incentive Plan was amended to increase available shares by 1,833,000. Stockholders also re-elected Paul R. Gudonis and Thomas F. Kirk as directors, ratified CBIZ CPAs P.C. as the independent auditor, and approved executive compensation in an advisory vote.
Key Highlights
- Authorized common stock increased to 100,000,000 shares.
- Myomo 2018 Stock Option and Incentive Plan shares increased by 1,833,000.
- Paul R. Gudonis and Thomas F. Kirk re-elected as Class III directors.
- Stockholders approved executive compensation in an advisory vote.
- CBIZ CPAs P.C. ratified as independent auditor for fiscal year 2026.
- Stockholders approved an advisory vote on director classification.
Price Impact
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