Cambridge, Mass.-based Myomo Inc., a wearable medical robotics company, closed its previously reported underwritten public offering of 3.95 million shares of common stock at an offering price of $1.40 per share. In connection with the offering, the underwriter exercised in full its over-allotment option to purchase an additional 592,500 shares of common stock at the public offering price, less underwriting discounts and commissions. All of the shares of common stock were offered by the company. In total, the public offering size was 4,542,500 shares of common stock and the gross proceeds were about $6.4 million, before deducting underwriting discounts and other offering expenses. Myomo intends to use the net proceeds from the offering for working capital and other general corporate purposes. National Securities Corp., a wholly owned subsidiary of National Holdings Corp., acted as sole book-running manager for the proposed offering.