DATA I/O CORP (DAIO) Form 424B3 — Aug 12, 2026
Data I/O Corporation filed a 424B3 resale prospectus on August 12, 2026 registering up to 4,686,371 shares of common stock for two related selling stockholders, Lytton-Kambara Foundation and Alice W Lytton Family LLC, who together beneficially owned approximately 37.7% of the company before this offering. The registered shares consist of 869,840 shares issued in a private placement that closed June 17, 2026 with gross proceeds of approximately $8.21 million to the company, plus 1,080,000 warrant shares exercisable at $3.00 and 2,736,531 shares issuable on conversion of Series B preferred stock with a $2.50 conversion price.
Key figures
- Debt Amount
- 6825400
- Interest Rate
- 4
- Shares Offered
- 4686371
- Warrant term
- five years
- Warrant shares
- 1080000
- Default interest rate
- 18% per annum upon event of default
- Selling stockholder 1
- Alice W Lytton Family LLC: 1,562,124 shares, 13.44% pre-offering, 0% post-offering
- Selling stockholder 2
- Lytton-Kambara Foundation: 3,124,247 shares, 24.22% pre-offering, 0% post-offering
- Warrant exercise price
- 3
- Preferred dividend rate
- 4% per annum, cumulative, compounded annually
- Beneficial ownership cap
- 9.99%
- Preferred conversion price
- 2.5
- Stock price on filing date
- 3
- Preferred stated value per share
- $1,000
- Series b preferred shares issued
- 6,841.33 (converted from Notes on July 8, 2026)
- Common shares issued in placement
- 869840
- Shares issuable on preferred conversion
- 2736531
- Underlying private placement gross proceeds
- $8.21 million (closed June 17, 2026, after placement agent fees and expenses)
AI analysis
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