Data I/O closes $9 million private placement with two investors

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Data I/O Announces Closing of $9 Million Investment

June 17, 2026 1:46 PM EDT

REDMOND, Wash., June 17, 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 the closing of its previously announced 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 a convertible debenture.

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