---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-050049"
form_type: "8-K"
ticker: "DRIO"
cik: "0001533998"
company_name: "DarioHealth Corp."
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T13:51:47.520946+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DarioHealth supplements Twill acquisition filing; Twill reports $30.7M loss, $123.6M liabilities, going concern doubt

## Summary
- Twill had revenue of $18.2M in 2023, net loss of $30.7M.
- Total liabilities $123.6M, total assets $9.8M; stockholders' deficit $194.3M.
- Auditor expresses substantial doubt about Twill's ability to continue as a going concern.
- Current liabilities of $123M far exceed current assets of $8.2M; cash and equivalents only $2.2M.
- Acquisition by DarioHealth closed February 2024; this 8-K adds required pro forma financials.

## SEC filing metadata
- accession: 0001104659-24-050049
- form_type: 8-K
- ticker: DRIO
- cik: 0001533998
- company_name: DarioHealth Corp.
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1533998/000110465924050049/0001104659-24-050049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1533998/000110465924050049/tm2412396d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-050049
- JSON: https://secwatch.observer/filing/0001104659-24-050049.json
- Plain text: https://secwatch.observer/filing/0001104659-24-050049.txt

## Key facts
- M&A Transactions
  DarioHealth Corp. completed an acquisition involving Twill, Inc..
  - Action: acquisition
  - Counterparty: Twill, Inc.
  source text: the Company’s acquisition of Twill, Inc., a Delaware corporation (“Twill”), pursuant to which the Company, through its subsidiary, TWILL Merger Sub, Inc., acquired all of the outstanding securities of Twill.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1533998/000110465924050049/0001104659-24-050049-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.