Data I/O closes USD 9 million private placement with stock, warrants and convertible debentures

Data I/O Corporation

Data I/O Corporation

DAIO

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  • Data I/O closed a USD 9 million private placement with two institutional investors, issuing common stock, warrants, and a convertible debenture.
  • Issued 869,840 common shares; warrants cover up to 1,080,000 shares at USD 3 per share, exercisable for five years.
  • Sold an unsecured USD 6.8 million convertible debenture paying 4% interest, maturing in five years, convertible into Series B preferred.
  • Series B preferred is non-voting, convertible into common at an initial conversion price of USD 2.5 per share; debenture converts upon stockholder approval.
  • Securities were sold unregistered; proceeds earmarked for working capital, general corporate purposes, and potential strategic acquisitions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Data I/O Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606171346PRIMZONEFULLFEED9748701) on June 17, 2026, and is solely responsible for the information contained therein.

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