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DATCHAT, INC. 8-K Report: Insights on Common Stock & Series A Warrants

$DATS
Form 8-K
Filed on: 2025-01-10
Source
DATCHAT, INC. 8-K Report: Insights on Common Stock & Series A Warrants

From the provided financial report section, here are the key pieces of information and insights:

  1. Company Identification:
  • Company Name: DATCHAT, INC.
  • CIK Number: 0001648960
  • SEC Filing Type: 8-K
  • Filing Date: January 8, 2025
  • Company Address: 204 Neilson Street, New Brunswick, NJ 08901
  • Phone Number: 732-374-3529
  1. Financial Instruments:
  • Common Stock:
    • Par Value: $0.0001
    • Ticker Symbol: DATS
  • Series A Warrants:
    • Description: Each warrant is exercisable for one share of Common Stock.
    • Exercise Price: $4.98
    • Ticker Symbol for Warrants: DATSW
  1. Reporting Period:
  • The report covers the date January 8, 2025, which indicates it is a specific event reporting under Form 8-K.
  1. Contextual Information:
  • The report specifies that it includes information related to the common stock and warrants, indicating a focus on equity instruments and potential capital raising through the exercise of the warrants.
  1. Regulatory Compliance:
  • The report adheres to XBRL (eXtensible Business Reporting Language) standards, which is important for transparency and data integrity in financial reporting.

Insights:

  • The exercise price of the Series A Warrants at $4.98 could be relevant for investors considering the current stock price and the potential for future capital raising if the warrants are exercised.
  • The company is positioned in the market under the NASDAQ exchange, suggesting it is a publicly traded entity, which may attract interest from investors and analysts.
  • The low par value of the common stock indicates a startup or growth-stage company, which is common in technology and innovation sectors, possibly hinting at a high-risk, high-reward investment opportunity.

Overall, this report provides insights into DATCHAT, INC.'s current financial instruments and their potential impact on its capital structure as of early 2025.