Datchat, Inc. 8-K Financial Report: Stock & Warrant Insights for 2025
The provided section of the financial report contains XML data related to the financial filings of Datchat, Inc. Here are the key extracted details and insights:
Company Information
- Entity Name: Datchat, Inc.
- CIK Number: 0001648960
- Headquarters Address: 204 Neilson Street, New Brunswick, NJ 08901
- Contact Number: (732) 374-3529
Filing Information
- Filing Type: 8-K
- Filing Date: February 11, 2025
- SEC Central Index Key (CIK): 0001648960
Stock and Warrant Information
- Common Stock:
- Par Value: $0.0001
- Ticker Symbol: DATS
- Exchange: NASDAQ
- Series A Warrants:
- Details: Each warrant is exercisable for one share of Common Stock.
- Exercise Price: $49.80
- Ticker Symbol for Warrants: DATSW
- Exchange: NASDAQ
Context and Reporting Period
- Reporting Period: The report is for the date February 11, 2025.
- Context IDs: Various context IDs are present that relate to the specific classes of stock and warrants being reported.
Insights
- The filing indicates that Datchat, Inc. is actively managing its stock and warrants, which might suggest a focus on raising capital or providing liquidity options to its shareholders.
- The specified exercise price of $49.80 for the warrants indicates a potentially high valuation expectation for the company, suggesting confidence in future growth or performance.
- The presence of multiple stock and warrant classes may indicate varying rights or expectations among different investor groups.
Summary
Datchat, Inc. has filed an 8-K report detailing its common stock and warrants as of February 11, 2025. The company has a low par value for its common stock and offers warrants at a significant exercise price, reflecting its strategic financial positioning in the market.