Data I/O registers 4,686,371 shares for resale
Data I/O Corporation has filed a resale registration covering up to 4,686,371 shares of Common Stock for selling stockholders.
Rhea-AI Filing Summary
Data I/O Corporation has filed a resale registration covering up to 4,686,371 shares of Common Stock for selling stockholders. This total includes 869,840 already issued shares, 1,080,000 shares underlying Warrants, and 2,736,531 shares issuable upon conversion of Series B Convertible Preferred Stock from a 2026 private placement.
Data I/O will not sell shares in this offering and will receive no proceeds from stockholder resales, though it may receive cash if Warrants with a $3.00 exercise price are exercised. The June 2026 financing raised $9 million of gross proceeds via $6,825,400 4.0% convertible Notes and Preferred Stock paying 4% accruing dividends, convertible at an initial $2.50 per share of Common Stock, subject to a 9.99% beneficial ownership cap.
Data I/O, based in Redmond, Washington, designs and manufactures programming and security-deployment systems for flash-memory and microcontroller-based devices used in automotive, industrial, consumer electronics and IoT applications. Its Common Stock trades on the Nasdaq Capital Market under the symbol DAIO, with a reported price of $2.92 on July 30, 2026.
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Filing Explained
As of July 31, resale registration is pending; the company receives no resale proceeds, while conversion and warrant exercise remain potential dilution sources.
Data I/O filed a Form S-1 covering selling-stockholder resales, but the document is marked subject to completion and says the shares cannot be sold until the registration statement becomes effective. A Form S-1 registers securities for sale, so this filing creates a resale framework rather than a completed company sale or immediate company proceeds.
The debt portion of the private placement is no longer in its note stage: after shareholder approval on
Additional common shares would increase the total share count and reduce existing holders’ percentage ownership absent offsetting changes; the preferred conversion and warrant exercise therefore remain potential dilution mechanisms, not common shares already issued through this filing.
The company bears estimated registration expenses of
Key Figures
Key Terms
Series B Convertible Preferred Stock financial
Accruing Dividends financial
Stated Value financial
Investor Issuance Cap financial
beneficial ownership financial
registration rights agreement regulatory
Offering Details
FAQ
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What is Data I/O (DAIO) registering in this July 2026 S-1?
What were the main terms of Data I/O’s June 2026 private placement (DAIO)?
What are the key warrant terms for Data I/O (DAIO) investors in this transaction?
What is the investor ownership cap in Data I/O’s 2026 convertible securities?
At what price was Data I/O (DAIO) stock trading around this registration?
AI-generated analysis. How Rhea-AI works. Not financial advice.