DIH Holding US, Inc. appointed Barrett Mooney, Ph.D., to its Board of Directors to enhance operational expertise and growth strategy.
Quiver AI Summary
DIH Holding US, Inc. has announced the appointment of Barrett Mooney, Ph.D., to its Board of Directors. Dr. Mooney has extensive experience in growing complex manufacturing businesses and has previously served as CEO and Chairman of a listed aerospace and defense company, leading it through acquisitions and public transition. He is known for his work in artificial intelligence and complex manufacturing strategies, including his role in deploying AI tools for CropIn Technology Solutions and co-founding HydroBio Inc. His expertise is expected to enhance DIH's operational excellence in rehabilitation technologies, particularly in improving patient outcomes through advanced robotic devices. CEO Jason Chen expressed enthusiasm for Dr. Mooney's addition, highlighting his valuable skills in scaling technology companies. This appointment expands the board to seven members, emphasizing strong governance as the company pursues growth in the rehabilitation robotics market.
Potential Positives
- Appointment of Dr. Barrett Mooney to the Board of Directors, bringing extensive experience in scaling complex manufacturing and technology businesses.
- Dr. Mooney's background in artificial intelligence and operational excellence is expected to enhance the company's growth strategy in the rehabilitation robotics market.
- The Board of Directors now consists of seven members with five independent members, reinforcing the company's commitment to strong governance.
- DIH’s mission to improve lives through advanced rehabilitation technologies aligns with current trends in healthcare innovation and market demand for rehabilitation solutions.
Potential Negatives
- Appointment of a new board member, Barrett Mooney, may highlight a lack of internal leadership options, indicating potential challenges in organizational strength.
- Vague language regarding future growth and expectations raises concerns about the durability of the company's growth strategy.
- Forward-looking statements emphasize uncertainties in achieving projected revenue, which could worry investors about the company's financial stability.
FAQ
Who is Barrett Mooney, Ph.D.?
Barrett Mooney, Ph.D. is a newly appointed board member at DIH with extensive experience in complex manufacturing and technology businesses.
What is DIH Holding US, Inc. known for?
DIH is a global provider of advanced robotic devices used for rehabilitation, focusing on walking impairments and functional training.
What is the role of the Board of Directors at DIH?
The Board provides governance and strategic direction, with Dr. Mooney enhancing the board's expertise in manufacturing and technology.
How does DIH use artificial intelligence?
DIH incorporates AI-driven solutions to improve rehabilitation outcomes and enhance operational efficiency within its operations.
What is the mission of DIH?
DIH aims to "Deliver Inspiration & Health" by providing advanced rehabilitation technologies that improve lives for people with disabilities.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DHAI Hedge Fund Activity
We have seen 8 institutional investors add shares of $DHAI stock to their portfolio, and 11 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARMISTICE CAPITAL, LLC removed 2,078,000 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $508,902
- XTX TOPCO LTD added 119,994 shares (+inf%) to their portfolio in Q2 2025, for an estimated $29,386
- POLAR ASSET MANAGEMENT PARTNERS INC. removed 72,206 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $16,701
- HRT FINANCIAL LP added 39,382 shares (+203.3%) to their portfolio in Q2 2025, for an estimated $9,644
- UBS GROUP AG added 30,904 shares (+2837.8%) to their portfolio in Q2 2025, for an estimated $7,568
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 28,524 shares (+inf%) to their portfolio in Q2 2025, for an estimated $6,985
- BRIDGEWAY CAPITAL MANAGEMENT, LLC removed 25,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $5,782
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NORWELL, Mass., Sept. 08, 2025 (GLOBE NEWSWIRE) -- DIH Holding US, Inc. (“DIH”)(NASDAQ:DHAI), a global provider of advanced robotic devices used in rehabilitation, which incorporate visual stimulation in an interactive manner to enable clinical research and intensive functional rehabilitation and training in patients with walking impairments, reduced balance and/or impaired arm and hand functions, today announced the appointment of Barrett Mooney, Ph.D. to its Board of Directors.
Barrett Mooney, Ph.D., has an extensive track record of growing complex and manufacturing related businesses. He currently provides strategic advisory services to growing high-technology private and public companies with a focus on complex manufacturing and supply chain companies. Under prior engagements, Dr. Mooney led the international deployment of artificial intelligence decision support tools in commodity and supply chain for CropIn Technology Solutions. Dr. Mooney served as the CEO and Chairman of the Board for a NYSE American-listed aerospace and defense company where he led the company through several major acquisitions and the transition from private to publicly traded. Prior to that, he co-founded and was CEO of HydroBio Inc., a software company that used satellite-driven image analytics to conserve water and maximize crop yields. In May 2017, he sold HydroBio Inc. to The Climate Corporation. Dr. Mooney continued to commercialize software for The Climate Corporation, a subsidiary of Monsanto (acquired by Bayer), where he led teams focused on using artificial intelligence to enhance crop yield and to implement a new organizational structure to improve seed sales efficiency. Additionally, Dr. Mooney has led technology teams for agricultural retail entities, served as an advisor to two venture capital firms, and as an energy efficiency engineer. Dr. Mooney holds a Doctor of Philosophy in Engineering from the University of Florida.
CEO, Jason Chen, stated: “We are thrilled to welcome Dr. Barrett Mooney to our Board of Directors. Barrett brings exceptional operational expertise and extensive experience in scaling complex manufacturing and technology businesses, having successfully led companies through major acquisitions and public market transitions throughout his career. His deep understanding of AI-driven solutions and proven ability to drive operational excellence will strengthen our board as we continue executing our growth strategy in the rehabilitation robotics market.”
Dr. Mooney commented on the appointment: “I am pleased to join DIH’s Board of Directors and contribute to the company’s mission of improving lives through advanced rehabilitation technologies. DIH’s innovative approach to combining robotics with visual stimulation presents tremendous opportunities to transform patient outcomes in the growing rehabilitation market. I look forward to working with management and my fellow board members to support the company’s continued innovation and value creation for shareholders.”
The Board of Directors now comprises seven members, with five independent members, further strengthening the company’s commitment to strong governance.
About DIH Holding US, Inc.
DIH stands for the vision to “Deliver Inspiration & Health” to improve the daily lives of millions of people with disabilities and functional impairments through providing devices and solutions enabling intensive rehabilitation. DIH is a global provider of advanced robotic devices used in physical rehabilitation, which incorporate visual stimulation in an interactive manner to enable clinical research and intensive functional rehabilitation and training in patients with walking impairments, reduced balance and/or impaired arm and hand functions. Built through the mergers of global-leading niche technology providers, DIH is a transformative rehabilitation solutions provider and consolidator of a largely fragmented and manual-labor-driven industry.
Caution Regarding Forward-Looking Statements
This press release contains certain statements which are not historical facts, which are forward-looking statements within the meaning of the federal securities laws, for the purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These forward-looking statements include certain statements made with respect to the business combination, the services offered by DIH and the markets in which it operates, and DIH’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions provided for illustrative purposes only, and projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties that could cause the actual results to differ materially from the expected results. These risks and uncertainties include, but are not limited to: general economic, political and business conditions; the ability of DIH to achieve its projected revenue, the failure of DIH realize the anticipated benefits of the recently-completed business combination and access to sources of additional debt or equity capital if needed. While DIH may elect to update these forward-looking statements at some point in the future, DIH specifically disclaims any obligation to do so.