secwatch.observer — SEC 8-K summary
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Issuer:     DATA I/O CORP (DAIO)
CIK:        0000351998
Form:       8-K
Filed at:   2026-07-13T17:20:28+00:00
Accession:  0001654954-26-006627
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.02, 2.04, 3.02, 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Data I/O converts $6.8M note into Series B Preferred after shareholder approval; 2023 Plan amended
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- Converted $6,825,400 note plus interest into 6,841.33 shares of Series B Convertible Preferred Stock for Lytton-Kambara and Lytton Family LLC.
- Shareholders approved (96.05%) potential issuance of 20%+ of common stock at below Nasdaq minimum price to note holders.
- 2023 Omnibus Incentive Plan amended to increase share reserve; approved by 74.70% of votes cast.
- All five director nominees elected; say-on-pay approved with 92.32% support.
- Grant Thornton LLP ratified as independent auditor with 96.60% of votes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/351998/000165495426006627/0001654954-26-006627-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/351998/000165495426006627/daio_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-26-006627

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer