secwatch / observer
8-K filed February 21, 2024, 6:59 PM ET ticker DRIO CIK 0001533998
M&A confidence high sentiment positive materiality 0.90

DarioHealth acquires Twill for $10M cash + ~10M pre-funded warrants; raises $22.4M PIPE

DarioHealth Corp.

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Tomer Ben-Kiki

Chief Operating Officer
DRIO · DarioHealth Corp.
Effective
2024-02-15
Filed
February 21, 2024, 6:59 PM ET
On February 15, 2024, the Company appointed Tomer Ben-Kiki, age 53, as Chief Operating Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Tomer Ben-Kiki was appointed as Chief Operating Officer at DarioHealth Corp..

Action
appointed
Role
Chief Operating Officer
Exact text from the filing
On February 15, 2024, the Company appointed Tomer Ben-Kiki, age 53, as Chief Operating Officer of the Company.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DarioHealth Corp. entered into Agreement and Plan of Merger with Twill, Inc. (effective 2024-02-15).

Action
entry
Agreement
merger
Counterparty
Twill, Inc.
Effective
2024-02-15
Exact text from the filing
(“Merger Sub”), Twill, Inc. (“Twill”) and Bilal Khan, solely in his capacity as the representatives of Twill’s stockholders and other equity holders, entered into an Agreement and Plan of
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

DarioHealth Corp. entered into Series C Purchase Agreement with accredited investors valued at approximately $22,422,000 (effective 2024-02-15).

Action
entry
Agreement
equity purchase
Counterparty
accredited investors
Value
approximately $22,422,000
Effective
2024-02-15
Exact text from the filing
the Company entered into securities purchase agreements (each, a “Series C Purchase Agreement”) with accredited investors relating to an offering (the “Offering”) and the sale of an aggregate of (i) 17,307 shares of newly designated Series C Preferred Stock
View on SEC.gov

38 material agreements filed in the last 30 days. Browse all material agreements →

DarioHealth Corp. filing history →

Source: SEC EDGAR
accession 0001104659-24-025807
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