secwatch.observer — SEC 8-K summary
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Issuer:     DATA I/O CORP (DAIO)
CIK:        0000351998
Form:       8-K
Filed at:   2026-05-15T20:45:08+00:00
Accession:  0001654954-26-005003
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data I/O Q1 loss widens; signs $23M acquisition LOI, raises $9M; Q2 rev guidance ~20% growth
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- Q1 revenue $3.3M (down 47% YoY); net loss $3.2M ($0.34/sh) vs loss $0.04/sh; adjusted EBITDA ($1.75M).
- LOI to acquire semiconductor handling/packaging firm for ~$23M (cash + up to $3M stock); close expected Q3 2026.
- Raised $9M via private placement: 869,840 shares, $6.8M convertible debentures (4%, 5-yr), warrants at $3.00.
- Q2 revenue guidance $5.0-5.4M (~20% sequential growth from Q1); organic growth for 2026 over 2025 expected.
- Cash $5.7M at March 31, 2026; no debt; $9M investment strengthens balance sheet and funds acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351998/000165495426005003/0001654954-26-005003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351998/000165495426005003/daio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-005003

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