Myomo Takes a Shortcut to Its IPO

Medical-robotics maker Myomo Inc. has completed its initial public offering and is now set to become the first company to list on a major U.S. exchange through a little-used provision of federal law known as Reg A . The Cambridge, Mass.-based company, which makes orthotic devices for people with upper-body paralysis, raised approximately $8 million in its offering, according to its underwriter TriPoint Global Equities.