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

Reuters
30 May
<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.

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