{"filing":{"accession_number":"0001654954-26-006112","cik":"0000351998","ticker":"DAIO","company_name":"DATA I/O CORP","form":"8-K","filing_date":"2026-06-22","report_date":null,"primary_document":"daio_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/351998/000165495426006112/daio_8k.htm"},"events":[{"id":12944,"run_id":11484,"accession_number":"0001654954-26-006112","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.93,"summary":"Data I/O closed a $9 million private placement on June 17, 2026, issuing 869,840 shares of common stock, convertible debentures ($6.8 million principal at 4.0% annual interest, maturing in five years and convertible into Series B preferred stock), and warrants to purchase 1,080,000 shares. The unregistered securities sale represents a material capital raise with significant equity dilution to existing shareholders, including potential conversion of debentures into approximately 2.73 million common shares and warrant overhang.","company_name":"DATA I/O CORP","ticker":"DAIO","filing_date":"2026-06-22","form":"8-K","submitted_at":null,"items":[{"id":9938,"accession_number":"0001654954-26-006112","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Data I/O closed a $9 million private placement involving issuance of 869,840 shares of common stock, convertible debentures ($6.8 million principal), and warrants to purchase 1,080,000 shares. The press release explicitly states the securities were \"not registered under the Securities Act of 1933\" and describes this as a private placement. This is a classic dilutive equity issuance to institutional investors, materially affecting shareholder ownership and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"","ticker":null,"filing_date":""},{"id":9939,"accession_number":"0001654954-26-006112","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Data I/O closed a $9 million private placement involving issuance of 869,840 shares of common stock, convertible debentures ($6.8 million principal), and warrants to purchase 1,080,000 shares. This is a classic dilutive equity issuance to institutional investors. While Item 2.03 typically covers debt creation, the press release emphasizes the equity component (common stock and warrants) and the convertible nature of the debentures, making this primarily a dilutive capital raise rather than a pure debt issuance. The unregistered securities and dilution to existing shareholders are material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"","ticker":null,"filing_date":""},{"id":9940,"accession_number":"0001654954-26-006112","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Data I/O closed a $9 million private placement of unregistered securities, issuing 869,840 shares of common stock, convertible debentures ($6.8 million principal), and warrants to purchase 1,080,000 shares. The filing explicitly states the securities \"have not been registered under the Securities Act of 1933\" and describes this as a private placement. This is a classic dilutive issuance under Item 3.02, material to investors due to the significant equity dilution and capital raise.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"","ticker":null,"filing_date":""},{"id":9941,"accession_number":"0001654954-26-006112","item_number":"5.03","item_title":"Amendments to Articles of Incorporation of Bylaws; Change in Fiscal Year.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Item 5.03 section discloses amendments to articles/bylaws, but the substantive event disclosed in the attached press release (EX-99.1) is the closing of a $9 million private placement involving issuance of 869,840 shares of common stock, convertible debentures (~$6.8M principal), and warrants to purchase 1,080,000 shares. This is a classic dilutive equity issuance requiring shareholder approval under Nasdaq rules, with the convertible debentures automatically converting upon stockholder approval. The financing is material to a small-cap company and represents a significant capital raise with substantial dilution to existing shareholders.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"","ticker":null,"filing_date":""},{"id":9942,"accession_number":"0001654954-26-006112","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Data I/O closed a $9 million private placement involving issuance of 869,840 shares of common stock, convertible debentures ($6.8 million principal), and warrants to purchase 1,080,000 shares. The press release explicitly states the securities were sold in an unregistered private placement and the company agreed to file a registration statement for resale. This is a classic dilutive equity issuance requiring Regulation FD disclosure under Item 7.01, with material implications for existing shareholders through equity dilution and warrant overhang.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":9938,"accession_number":"0001654954-26-006112","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Data I/O closed a $9 million private placement involving issuance of 869,840 shares of common stock, convertible debentures ($6.8 million principal), and warrants to purchase 1,080,000 shares. The press release explicitly states the securities were \"not registered under the Securities Act of 1933\" and describes this as a private placement. This is a classic dilutive equity issuance to institutional investors, materially affecting shareholder ownership and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"DATA I/O CORP","ticker":"DAIO","filing_date":"2026-06-22"},{"id":9939,"accession_number":"0001654954-26-006112","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Data I/O closed a $9 million private placement involving issuance of 869,840 shares of common stock, convertible debentures ($6.8 million principal), and warrants to purchase 1,080,000 shares. This is a classic dilutive equity issuance to institutional investors. While Item 2.03 typically covers debt creation, the press release emphasizes the equity component (common stock and warrants) and the convertible nature of the debentures, making this primarily a dilutive capital raise rather than a pure debt issuance. The unregistered securities and dilution to existing shareholders are material to investors.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"DATA I/O CORP","ticker":"DAIO","filing_date":"2026-06-22"},{"id":9940,"accession_number":"0001654954-26-006112","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Data I/O closed a $9 million private placement of unregistered securities, issuing 869,840 shares of common stock, convertible debentures ($6.8 million principal), and warrants to purchase 1,080,000 shares. The filing explicitly states the securities \"have not been registered under the Securities Act of 1933\" and describes this as a private placement. This is a classic dilutive issuance under Item 3.02, material to investors due to the significant equity dilution and capital raise.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"DATA I/O CORP","ticker":"DAIO","filing_date":"2026-06-22"},{"id":9941,"accession_number":"0001654954-26-006112","item_number":"5.03","item_title":"Amendments to Articles of Incorporation of Bylaws; Change in Fiscal Year.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The Item 5.03 section discloses amendments to articles/bylaws, but the substantive event disclosed in the attached press release (EX-99.1) is the closing of a $9 million private placement involving issuance of 869,840 shares of common stock, convertible debentures (~$6.8M principal), and warrants to purchase 1,080,000 shares. This is a classic dilutive equity issuance requiring shareholder approval under Nasdaq rules, with the convertible debentures automatically converting upon stockholder approval. The financing is material to a small-cap company and represents a significant capital raise with substantial dilution to existing shareholders.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"DATA I/O CORP","ticker":"DAIO","filing_date":"2026-06-22"},{"id":9942,"accession_number":"0001654954-26-006112","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Data I/O closed a $9 million private placement involving issuance of 869,840 shares of common stock, convertible debentures ($6.8 million principal), and warrants to purchase 1,080,000 shares. The press release explicitly states the securities were sold in an unregistered private placement and the company agreed to file a registration statement for resale. This is a classic dilutive equity issuance requiring Regulation FD disclosure under Item 7.01, with material implications for existing shareholders through equity dilution and warrant overhang.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-23T10:06:53.859628+00:00","company_name":"DATA I/O CORP","ticker":"DAIO","filing_date":"2026-06-22"}]}