Data I/O plans $13.25M private placement of debentures and shares

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Go back to Data I/O plans $13.25M private placement of debentures and shares

Data I/O Announces Proposed $13.25 Million Securities Offering

October 19, 2026 8:00 AM EDT

REDMOND, Wash., Oct. 19, 2026 (GLOBE NEWSWIRE) -- Data I/O Corporation (NASDAQ: DAIO) (the Company), the leading global provider of data programming and security provisioning solutions for microcontrollers, security ICs and memory devices, today announced it has entered into a securities purchase agreement for a private placement of approximately $13.25 million in securities. The proposed offering includes the issuance of convertible subordinated debentures and common shares. The offering is expected to close in the next few days, subject to the satisfaction of customary closing conditions.

The debentures will... More