Data I/O seeks shareholder approval to issue common stock exceeding 19.9% of outstanding shares
DAIO•Data I/O will seek shareholder approval to issue common stock exceeding 19.9% of outstanding shares under a proposed $13.25 million private placement.
1. Shareholder approval sought
Data I/O expects to hold a special shareholder meeting within 120 days after the offering closes. The closing is anticipated in the next few days.
