DarioHealth Corp. Announces Issuance of Additional Common Stock Shares Under Lock Up Agreement

Reuters
05-30
<a href="https://laohu8.com/S/DRIO">DarioHealth</a> Corp. Announces Issuance of Additional Common Stock Shares Under Lock Up Agreement

DarioHealth Corp. has entered into a lock-up agreement with certain holders of its Series B and Series C Preferred Stock, allowing the company to issue up to 40% of the shares of Common Stock underlying these preferred stocks, including dividend shares due upon conversion, over 12 months. Each holder will receive 10% of these additional shares every three months, provided they do not transfer or sell the shares. The document does not specify the total number of shares or the price involved in these transactions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DarioHealth Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-054236), on May 29, 2025, and is solely responsible for the information contained therein.

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