other_material
confidence high
sentiment neutral
materiality 0.45
DarioHealth extends preferred stock lock-up to Feb 2026; amends certificates for warrant dividends
DarioHealth Corp.
- Amended lock-up agreements with Series B/C preferred holders extend restrictive period until February 21, 2026.
- Holders receive additional 10% of common stock underlying preferred shares for each 3-month extension.
- Company filed amended certificates for Series A-1 and B-1 preferred stock to allow dividends in pre-funded warrants.
- No new securities issued under certificate amendments; provides alternative form for future dividends.
- Breach of lock-up before Eligibility Date forfeits right to subsequent share consideration.
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