Item 8.01 Other Events.



On January 12, 2021, plaintiff Anand Chavakula ("Plaintiff") filed a putative stockholder class action complaint in the Court of Chancery of the State of Delaware (the "Court" against DarioHealth Corp. (the "Company" or "DarioHealth") and the then-members of DarioHealth's Board of Directors (collectively, the "Defendants") under the caption Chavakula v. DarioHealth Corp. et al., C.A. No. 2021-0030-PAF (the "Action") challenging a bylaw allowing DarioHealth's Board of Directors to remove a director with or without cause (the "Removal Provision"). The Company has entered into an agreement with the Plaintiff not to use the Removal Provision to remove a director of the Company. The Company also agreed to pay $75,000 in attorneys' fees and expenses to plaintiff's counsel in full satisfaction of the claim for attorneys' fees and expenses in the Action. This payment includes a $500 service award to plaintiff Anand Chavakula. On January 9, 2022, the Court entered an order closing the case, subject to DarioHealth filing an affidavit with the Court confirming that this notice has been issued. In entering the order, the Court was not asked to review, and did not pass judgment on, the payment of the attorneys' fees and expenses or their reasonableness.

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