Every material Form 8-K DATA I/O CORP has filed with the SEC since October 19, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Data I/O Corporation announced that Douglas Adams, a former Source Electronics and Avnet executive, has been appointed SVP Global Services, Support and Quality. The appointment follows the October 21, 2026 acquisition of V-TEK, Inc. and A&J Programming, Inc., and is tied to the company's plan to enter Programming-as-a-Service. The filing contains no financial results, so the direct financial effect on shareholders is not quantified.
Douglas Adams appointed SVP Global Services, Support and Quality, announced November 3, 2026
Appointment follows the October 21, 2026 acquisition of V-TEK, Inc. and A&J Programming, Inc.
The company says the acquisition is anticipated to double its revenue
Company plans to enter Programming-as-a-Service (PaaS) with A&J's existing services operation
Data I/O and its subsidiaries V-Tek and A&J Programming, which Data I/O acquired on October 20, 2026, signed a Loan and Security Agreement with Western Alliance Bank on October 26, 2026. The revolving facility allows borrowing of up to the lesser of $7.5 million and a borrowing base tied to eligible accounts and inventory, and it is secured by most of the Borrowers' assets. The agreement adds debt and covenant obligations that shareholders should note, including a $3.0 million minimum cash requirement.
Revolving facility of up to the lesser of $7.5 million and a borrowing base, usable only for working capital and general business needs; advances due October 26, 2028 unless repaid earlier
Interest at 1.00% above the Prime Rate, defined as the greater of 5.75% and the Wall Street Journal prime rate, paid monthly; non-refundable facility fee of $18,750 at closing and each anniversary
Borrowers are jointly and severally liable and secured by accounts, inventory, equipment, intellectual property and pledged subsidiary equity; minimum $3.0 million unrestricted cash and fixed charge coverage ratio of at least 1.25 to 1.00 r
Data I/O completed its acquisition of V-TEK, Inc. and A&J Programming, Inc. on October 20, 2026, for $23.0 million, paid as $20.0 million in cash and $3.0 million in common stock. The company funded part of the deal with a private placement of about $13.25 million, including $11.25 million of convertible notes that carry a 5.0% interest rate, rising one percentage point each year, and that can convert into common or preferred stock, which could dilute existing shareholders. The company says the acquisition is expected to double its revenue, but the filing does not include financial results to support that claim.
Acquisition of V-TEK, Inc. and A&J Programming, Inc. completed October 20, 2026, for $23.0 million: $20.0 million cash and $3.0 million in stock at $2.68 per share, with $1.3 million placed in escrow
Private placement closed October 20, 2026: about $13.25 million, including 746,266 common shares and about $11.25 million of convertible notes maturing October 20, 2031
Notes carry 5.0% interest paid in cash; default interest rate rises to 18% per annum, and an 8% rate applies if a shareholder meeting is not held by the deadline
On October 19, 2026, Data I/O signed a definitive agreement to acquire V-TEK, Inc., a Mankato, MN maker of semiconductor handling and packaging solutions, and A&J Programming, Inc., a San Jose, CA device programming service provider. The total purchase price is about $23 million, paid in cash and Company common stock, and the company said the acquisition is expected to close this week. The same day, it announced a proposed private placement of about $13.25 million that includes convertible debentures and common shares, with a shareholder vote needed for issuances above 19.9% of shares outstanding.
Total purchase price of about $23 million, including about $3 million in Data I/O common stock (about 1.12 million shares)
Proposed private placement of about $13.25 million, with $7.25 million in debentures converting at $2.68 per share
Special shareholder meeting expected within 120 days of closing to approve issuances above 19.9% of shares outstanding
Lead investor from the June 2026 private placement committed an additional $4.0 million
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every DATA I/O CORP filing is on SEC EDGAR ↗. 8-K briefs of other companies →