secwatch.observer — SEC 8-K summary
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Issuer:     DATA I/O CORP (DAIO)
CIK:        0000351998
Form:       8-K
Filed at:   2026-06-23T00:44:00+00:00
Accession:  0001654954-26-006112
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 3.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data I/O closes $9M private placement of common stock, convertible debentures, and warrants
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- Raised $9M gross from institutional investors via 869,840 shares, ~$6.8M convertible debentures, and warrants for 1,080,000 shares at $3.00.
- Convertible debentures bear 4% interest, mature June 2031, convertible into Series B preferred stock (non-voting, convertible at $2.50/share).
- Proceeds to be used for working capital, general corporate purposes, and potential strategic acquisitions.
- Placement agent: Ladenburg Thalmann & Co.; financial advisor: Benchmark (StoneX).
- Shares and convertible securities issued under Section 4(a)(2) and Regulation D; registration statement to be filed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351998/000165495426006112/0001654954-26-006112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351998/000165495426006112/daio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-006112

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