{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-428897","form_type":"8-K","ticker":"DAIO","cik":"0000351998","company_name":"DATA I/O CORP","filed_at":"2026-10-22T19:58:21+00:00","discovered_at":"2026-10-22T19:59:00.219474+00:00","generated_at":"2026-10-22T19:59:04.824748+00:00","sec_items":["1.01","2.01","2.03","3.02","5.03","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Data I/O closes $23M V-TEK acquisition, funded by $13.25M private placement of stock and 5% convertible notes","bullets":["Total consideration $23.0M: $20.0M cash plus $3.0M in Data I/O common stock at $2.68/share; $1.3M of the price sits in escrow for indemnification.","V-TEK (Mankato, MN) makes semiconductor handling automation for test and packaging; Data I/O expects the deal to roughly double consolidated revenue and be accretive.","Private placement: 746,266 shares at $2.68 plus $11.25M of 5.0% five-year convertible notes due Oct 20, 2031; coupon rises 1 point each anniversary, 18% on default.","Notes convert at $2.68 into common or into non-voting Series C preferred ($1,000 stated value); automatic conversion if holders approve issuing 20%+ of outstanding shares.","Ladenburg Thalmann is placement agent: 7.0% cash fee, 1.0% management fee and up to $75,000 expense reimbursement; StoneX advised Data I/O on the M&A."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-428897","json":"https://secwatch.observer/filing/0001193125-26-428897.json","markdown":"https://secwatch.observer/filing/0001193125-26-428897.md","text":"https://secwatch.observer/filing/0001193125-26-428897.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/351998/000119312526428897/0001193125-26-428897-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/351998/000119312526428897/d176225d8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-22T19:59:04.824748+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}