newsfilter
← Latest News
PR Newswire·

Dario Announces Pricing of a $23.5 Million Registered Direct Offering of Common Stock Priced At-The-Market Under Nasdaq Rules

DRIO
  • DarioHealth Corp. announced a registered direct offering priced at-the-market under Nasdaq rules for 3,454,559 shares of common stock.
  • The offering price is set at $6.80 per share, generating approximately $23.5 million in gross proceeds before fees and expenses.
  • Financing includes continued support from existing long-term institutional investors alongside participation from a new global fundamental institutional investor.
  • A Board of Directors member purchased 14,430 shares at $6.93 per share during the offering.
  • A.G.P./Alliance Global Partners is acting as the sole placement agent for the transaction.
  • The offering is conducted pursuant to an effective Form S-3 shelf registration statement filed with the SEC.
  • Closing is expected to occur on or about July 23, 2026, subject to customary conditions.
  • Net proceeds will be used for working capital, investments, acquisitions, and general corporate purposes.