other material
confidence high
sentiment neutral
materiality 0.50
DarioHealth extends Series B-3 mandatory conversion period and increases dividends
DarioHealth Corp.
- Mandatory conversion period extended from 15 to 18 months from original issue date.
- Dividends increased: 10% for fifth full quarter and 25% for sixth quarter from closing.
- No additional securities were issued or sold as a result of the amendment.
- Amendment effective September 11, 2024, approved by majority of preferred stock holders.