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DATCHAT, INC. 8-K Filing: Key Insights on Stock and Warrants (Feb 10, 2025)

$DATS
Form 8-K
Filed on: 2025-02-10
Source
DATCHAT, INC. 8-K Filing: Key Insights on Stock and Warrants (Feb 10, 2025)

Here are the key insights extracted from the provided financial report section:

  1. Entity Information:
  • Company Name: DATCHAT, INC.
  • CIK Number: 0001648960
  • State of Incorporation: Nevada (NV)
  • SEC Registration Number: 001-40729
  • Employer Identification Number (EIN): 47-2502264
  • Address: 204 Neilson Street, New Brunswick, NJ 08901
  • Contact Number: 732-374-3529
  1. Filing Type:
  • Form: 8-K
  • Filing Date: February 10, 2025
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.0001
    • Trading Symbol: DATS (listed on NASDAQ)
  • Series A Warrants:
    • Each warrant is exercisable for one share of Common Stock.
    • Exercise Price: $4.98
    • Trading Symbol for Warrants: DATSW (listed on NASDAQ)
  1. Reporting Period:
  • As of Date: February 10, 2025
  • The report is for a specific date rather than a range, indicating potential events or disclosures that occurred on that date.
  1. Stock Classifications:
  • The report includes mentions of different stock classifications:
    • Common Stock with a par value of $0.0001.
    • Series A Warrants, which are financial instruments that can be converted into common stock at a specified price.
  1. Currency and Measurement Units:
  • The report uses USD as the currency for financial measures.
  • Shares are the unit of measurement for the stock and warrants.

Insights

  • The filing indicates that DATCHAT, INC. is actively managing its capital structure with common stock and warrants, which could be a strategy to raise capital or incentivize investors.
  • The specified exercise price of the Series A Warrants at $4.98 may provide insights into the company's valuation and potential growth outlook, as it reflects the price investors must pay to convert their warrants into equity.
  • The detailed information about stock classes and warrants suggests the company may be in a growth phase or preparing for additional financing opportunities.

This financial report section provides a snapshot of DATCHAT's current equity structure and key financial instruments available to investors.