secwatch.observer — SEC 8-K summary
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Issuer:     DarioHealth Corp. (DRIO)
CIK:        0001533998
Form:       8-K
Filed at:   2025-09-19T23:59:59+00:00
Accession:  0001104659-25-091718
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DarioHealth accelerates mandatory conversion of Series C & D preferred stock into common stock
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- Effective Sept 18, 2025: all outstanding Series C, C-2, D, D-1, D-2, D-3 preferred convert to common stock or pre-funded warrants at holder's election.
- Series A-1 certificate amended to give holders option to receive pre-funded warrants instead of common stock on conversion.
- Each holder also receives all accrued unpaid dividends, including PIK shares, subject to beneficial ownership blockers.
- Amendments approved by majority of preferred holders and Board; no new securities issued or sold.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533998/000110465925091718/0001104659-25-091718-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533998/000110465925091718/tm2526500d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-091718

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