Data I/O raises $9 million through private placement

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Go back to Data I/O raises $9 million through private placement

Data I/O Announces Significant Direct Investment to Support The NEW Data I/O

May 14, 2026 4:05 PM EDT

REDMOND, Wash., May 14, 2026 (GLOBE NEWSWIRE) -- Data I/O Corporation (NASDAQ: DAIO) (the Company), the leading global provider of data provisioning solutions for flash memory, microcontrollers and security ICs, today announced that it has entered into a definitive securities purchase agreement with two institutional investors for aggregate gross proceeds of $9 million, before placement agent fees and offering expenses. The financing includes the issuance of common stock and warrants, and convertible debentures.

Pursuant to the terms of the securities purchase agreement, the Company will issue 869,840 shares of common stock, convertible debentures in... More