---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-007083"
form_type: "8-K"
ticker: null
cik: "0001883788"
company_name: "DIH HOLDING US, INC."
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T23:25:39.411370+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# DIH Holding US (formerly ATAK) closes $250M de-SPAC merger; lists on Nasdaq as DHAI

## Summary
- Business Combination closed Feb 7, 2024; DIH stockholders received $250M in New DIH Class A common stock at $10/share.
- New DIH issued 40,544,936 shares; Class A common (DHAI) and warrants (DHAIW) began trading on Nasdaq on Feb 9, 2024.
- Up to 6M earnout shares issuable if VWAP exceeds $12-$16.50 for 20 trading days within 5 years.
- Board appointed: Jason Chen (34.7% indirect), Cathryn Chen (12%), independent directors Max Baucus, Ken Ludlum, F. Samuel Eberts III.
- Issued 229,797 unregistered shares to vendors; $7.07M deferred underwriting fee converted to shares.

## SEC filing metadata
- accession: 0001493152-24-007083
- form_type: 8-K
- cik: 0001883788
- company_name: DIH HOLDING US, INC.
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 9.01, 2.02, 3.02, 3.03, 5.01, 5.02, 5.03, 5.05, 5.06, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883788/000149315224007083/0001493152-24-007083-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883788/000149315224007083/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-007083
- JSON: https://secwatch.observer/filing/0001493152-24-007083.json
- Plain text: https://secwatch.observer/filing/0001493152-24-007083.txt

## Key facts
- Earnings Releases
  DIH HOLDING US, INC. reported financial results for six months ended September 30, 2023.
  - Period: six months ended September 30, 2023
  - Result: reported results
  source text: On February 20, 2024, New DIH issued a press release reporting the results of operations for DIH for the six months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883788/000149315224007083/0001493152-24-007083-index.htm
- M&A Transactions
  DIH HOLDING US, INC. underwent a change of control involving Aurora Technology Acquisition Corp. for $250,000,000 in the form of newly-issued shares of New DIH Class A common stock valued at $10.00 per share (closed 2024-02-07).
  - Action: change of control
  - Counterparty: Aurora Technology Acquisition Corp.
  - Consideration: $250,000,000 in the form of newly-issued shares of New DIH Class A common stock valued at $10.00 per share
  - Closing: 2024-02-07
  source text: DIH with DIH as the surviving corporation of the transaction and becoming a wholly owned subsidiary of New DIH; (b) the issued and outstanding shares of DIH were exchanged for $250,000,000 in the form of newly-issued shares of New DIH Class A common stock valued at $10.00 per share (the “ Aggregate Base Consideration ”); (b) DIH’s financial advisor received 700,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883788/000149315224007083/0001493152-24-007083-index.htm
- Material Agreements
  DIH HOLDING US, INC. entered into Business Combination Agreement with ATAK (effective 2024-02-07).
  - Action: entry
  - Agreement: merger
  - Counterparty: ATAK
  - Effective: 2024-02-07
  source text: he Business Combination Agreement which is included by reference as Exhibit 2.1 to this Current Report on Form 8-K and is incorporated
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883788/000149315224007083/0001493152-24-007083-index.htm

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