UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
(Amendment No. 5)
Under the Securities Exchange Act of 1934
Myomo, Inc.
(Name of Issuer)
Common Shares
(Title of Class of Securities)
62857J201
(CUSIP Number)
June 28, 2024
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
x Rule 13d-1(c)
¨ Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
NYC#: 139632.2
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CUSIP No. 62857J201
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| 13G/A
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| Page 2 of 8 Pages
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1.
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| NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Rosalind Advisors, Inc.
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2.
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| CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨
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3.
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| SEC USE ONLY
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4.
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| CITIZENSHIP OR PLACE OF ORGANIZATION ONTARIO, CANADA
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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| SOLE VOTING POWER 0
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| SHARED VOTING POWER 2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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| SOLE DISPOSITIVE POWER 0
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| SHARED DISPOSITIVE POWER 2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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9.
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| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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10.
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| CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ¨
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11.
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| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%1
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12.
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| TYPE OF REPORTING PERSON (see instructions)
CO
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1 The percentage set forth in Row 11 of the cover page for each Reporting Person is based upon 28,814,637 shares of the Issuer’s common stock outstanding as of May 03, 2024, in accordance with Issuer’s 10-Q filed on May 8, 2024. However, as more fully described in Item 4, the securities reported in rows (6), (8) and (9) show the number of shares of Common Stock that would be issuable upon exercise of such reported securities and do not give effect to blocker provisions. Therefore, the actual number of shares of Common Stock beneficially owned by such Reporting Person, after giving effect to such blockers, is less than the number of securities reported in rows (6), (8) and (9).
NYC#: 139632.2
CUSIP No. 62857J201
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| 13G/A
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| Page 3 of 8 Pages
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1.
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| NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Steven Salamon
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2.
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| CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨
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3.
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| SEC USE ONLY
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4.
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| CITIZENSHIP OR PLACE OF ORGANIZATION ONTARIO, CANADA
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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| 5.
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| SOLE VOTING POWER 0
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| 6.
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| SHARED VOTING POWER 2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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| 7.
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| SOLE DISPOSITIVE POWER 0
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| 8.
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| SHARED DISPOSITIVE POWER 2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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9.
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| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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10.
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| CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ¨
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11.
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| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%
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12.
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| TYPE OF REPORTING PERSON (see instructions)
IN
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1.
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| NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Gil Aharon
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2.
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| CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨
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3.
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| SEC USE ONLY
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4.
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| CITIZENSHIP OR PLACE OF ORGANIZATION ONTARIO, CANADA
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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| 5.
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| SOLE VOTING POWER 0
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| 6.
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| SHARED VOTING POWER 2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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| 7.
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| SOLE DISPOSITIVE POWER 0
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| 8.
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| SHARED DISPOSITIVE POWER 2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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9.
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| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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10.
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| CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ¨
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11.
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| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%
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12.
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| TYPE OF REPORTING PERSON (see instructions)
IN
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CUSIP No. 62857J201
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| 13G/A
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| Page 4 of 8 Pages
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1.
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| NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Rosalind Master Fund L.P.
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2.
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| CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (see instructions) (a) ¨ (b) ¨
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3.
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| SEC USE ONLY
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4.
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| CITIZENSHIP OR PLACE OF ORGANIZATION CAYMAN ISLANDS
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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| 5.
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| SOLE VOTING POWER 0
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| 6.
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| SHARED VOTING POWER 2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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| 7.
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| SOLE DISPOSITIVE POWER 0
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| 8.
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| SHARED DISPOSITIVE POWER 2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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9.
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| AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,664,999 shares of Common Stock
4,575,385 shares of Common Stock issuable upon exercise of pre-funded warrants
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10.
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| CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see instructions) ¨
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11.
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| PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.9%
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12.
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| TYPE OF REPORTING PERSON (see instructions)
PN
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NYC#: 139632.2
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CUSIP No. 62857J201
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| 13G/A
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| Page 5 of 8 Pages
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Item 1.
| (a)
| Name of Issuer: Myomo, Inc.
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| (b)
| Address of Issuer’s Principal Executive Offices 137 Portland St., 4th Floor, Boston, Massachusetts
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Item 2.
| (a)
| Name of Person Filing
Rosalind Advisors, Inc. (“Advisor” to RMF)
Rosalind Master Fund L.P. (“RMF”)
Steven Salamon (“President”)
Steven Salamon is the portfolio manager of the Advisor which advises RMF.
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| (b)
| Address of the Principal Office or, if none, residence Rosalind Advisors, Inc.
15 Wellesley Street West,
Suite 326
Toronto, Ontario
M4Y 0G7 Canada
Rosalind Master Fund L.P.
P.O. Box 309
Ugland House, Grand Cayman
KY1-1104, Cayman Islands
Steven Salamon
15 Wellesley Street West,
Suite 326
Toronto, Ontario
M4Y 0G7 Canada
Gilad Aharon
15 Wellesley Street West,
Suite 326
Toronto, Ontario
M4Y 0G7 Canada
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| (c)
| Citizenship Rosalind Advisors, Inc.: Ontario, Canada
Rosalind Master Fund L.P.: Cayman Islands
Steven Salamon: Ontario, Canada
Gilad Aharon: Ontario, Canada
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| (d)
| Title of Class of Securities Common Stock
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| (e)
| CUSIP Number 62857J201
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NYC#: 139632.2
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CUSIP No. 62857J201
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| 13G/A
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| Page 6 of 8 Pages
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Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
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| Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
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| (b)
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| Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
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| (c)
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| Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
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| (d)
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| Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
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| (e)
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| An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
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| (f)
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| An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
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| (g)
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| A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
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| (h)
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| A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i)
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| A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j)
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| Group, in accordance with §240.13d-1(b)(1)(ii)(J).
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Item 4. Ownership.
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
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| (a)
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| Amount beneficially owned:
The information as of the date of the event which requires filing of this statement required by Items 4(a) – (c) is set forth in Rows 5 – 12 of the cover page for each Reporting Person hereto and is incorporated herein by reference for each such Reporting Person. The percentage set forth in Row 11 of the cover page for each Reporting Person is based upon 28,814,637 shares of the Issuer’s common stock outstanding as of May 03, 2024, in accordance with Issuer’s 10-Q filed on May 8, 2024.
Rosalind Master Fund L.P. may have been deemed to have the beneficial ownership of 2,664,999 shares of common stock representing the beneficial ownership of approximately 9.25% of the common stocks as mentioned above, which excludes the 4,575,385 shares issuable upon the exercise of pre-funded warrants because they contain a blocker provision under which the holder thereof does not have the right to exercise any of the warrant to the extent that such exercise would result in beneficial ownership by the holder in excess of 9.99% of the Common Stock. Consequently, as of the date of the event which requires the filing of this statement, the Reporting Persons were not able to exercise any of the warrants due to the Blockers.
Rosalind Advisors, Inc. is the investment advisor to RMF and may be deemed to be the beneficial owner of shares held by RMF. Steven Salamon is the portfolio manager of the Advisor and may be deemed to be the beneficial owner of shares held by RMF. Notwithstanding the foregoing, the Advisor and Mr. Salamon disclaim beneficial ownership of the shares.
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| (b)
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| Percent of class:
Rosalind Advisors, Inc. – 9.9%
Rosalind Master Fund L.P. – 9.9%
Steven Salamon – 9.9%
Gilad Aharon – 9.9%
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NYC#: 139632.2
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CUSIP No. 62857J201
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| 13G/A
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| Page 7 of 8 Pages
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| (c)
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| Number of shares as to which the person has:
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| (i)
| Shared power to vote or to direct the vote
Rosalind Advisors, Inc. – 2,664,999 shares of Common Stock
Rosalind Master Fund L.P. – 2,664,999 shares of Common Stock
Steven Salamon – 2,664,999 shares of Common Stock
Gilad Aharon - 2,664,999 shares of Common Stock
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| (ii)
| Sole power to dispose or to direct the disposition of – 0
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| (iii)
| Shared power to dispose or to direct the disposition of
Rosalind Advisors, Inc. – 2,664,999 shares of Common Stock
Rosalind Master Fund L.P. – 2,664,999 shares of Common Stock
Steven Salamon – 2,664,999 shares of Common Stock
Gilad Aharon - 2,664,999 shares of Common Stock
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Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following o.
Instruction. Dissolution of a group requires a response to this item.
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Item 7 – 9. Not Applicable
NYC#: 139632.2
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CUSIP No. 62857J201
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| 13G/A
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| Page 8 of 8 Pages
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Item 10. Certification.
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| By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.
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After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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07/11/2024
Date
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Signature
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Steven Salamon/President Rosalind Advisors, Inc.
Name/Title
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Exhibit A
Joint Filing Agreement
The undersigned hereby agree that this Statement on Schedule 13G/A with respect to the beneficial ownership of shares of Common Stock of Myomo, Inc. is filed jointly, on behalf of each of them.
Rosalind Advisors, Inc.
By: _____________________________
Name: Steven Salamon
Title: President
Rosalind Master Fund L.P.
By: _____________________________
Name: Mike McDonald
Title: Director, Rosalind (Cayman) Ltd. (as General Partner to Rosalind Master Fund)
By: _____________________________
Name: Steven Salamon
NYC#: 139632.2
Exhibit A
Joint Filing Agreement
The undersigned hereby agree that this Statement on Schedule 13G/A with respect to the beneficial otnership of shares of Common Stock of Myomo, Inc. is filed jointly, on behalf of each of them.
Rosalind Advisors, Inc.
By: _____________________________
Name: Steven Salagon
Title: President
Rosalind Master Fund L.P.
By: _____________________________
Name: Mike McDonald
Title: Director, Rosalind (Cayman) Ltd. (as General Partnez to Rosalind Master Fund)
By: _____________________________
Name: Steven Salamon
NYC#: 139632.2