DATA I/O CORP — Form 8-K

Data I/O Corporation, V-Tek Inc., and A J Programming Inc. entered into a Loan and Security Agreement with Western Alliance Bank on October 26, 2026. The facility provides a $7.5 million revolving line of credit (Revolving Line) with borrowing base tied to eligible accounts receivable (80% advance rate) and inventory (up to 85% of NOLV, capped at $2.5M sublimit). Interest accrues at Prime Rate + 1.00%, with an annual facility fee of $18,750 payable on the closing date and each anniversary. The loan matures October 26, 2028. Borrower must maintain $3M unrestricted cash with the bank and a 1.25x minimum Fixed Charge Coverage Ratio. All Collateral—accounts, inventory, equipment, and 100% of subsidiary equity—is pledged to secure the obligations.