Key Highlights

  • Conversion of a $6,825,400 note generated 6,841.33 preferred shares for investors.
  • Shareholders holding 6,990,929 shares, or 74.42%, attended the meeting, meeting the quorum requirement.
  • Votes approved issuance of up to 20% of outstanding common stock.

Data I/O Corp. The gathering addressed multiple governance items, including the conversion of a sizable note and authorizations for future equity actions. This transaction was part of the company's financing activities.

Shareholder Attendance

The record date of May 19, 2026, listed 9,394,422 shares of common stock outstanding. Attendance at the meeting comprised shareholders representing 6,990,929 shares, equating to 74.42% of the outstanding stock, thereby satisfying quorum standards.

Director Elections and Auditor Ratification

All nominated directors received the requisite votes and were elected to serve until successors are chosen. The proposal to retain the independent auditor also secured affirmative votes, confirming continuity of audit oversight.

2023 Plan Amendment Approval

Shareholders voted to amend the 2023 equity incentive plan, increasing the pool of common shares reserved for future grants. The amendment received the required support, enabling broader compensation flexibility for the firm.

Authorization for Large‑Scale Stock Issuance

A critical proposal allowing the company to issue up to 20% of its outstanding common stock was approved. This measure provides flexibility for capital raises and strategic transactions.

Executive Compensation Advisory Vote

The advisory vote concerning compensation for executive officers was also approved, reflecting shareholder endorsement of the current remuneration structure. The meeting's minutes.

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