0001648960
false
0001648960
2023-08-28
2023-08-28
0001648960
dats:CommonStock.0.0001ParValueMember
2023-08-28
2023-08-28
0001648960
dats:SeriesWarrantsEachWarrantExercisableForOneShareOfCommonStockAtExercisePriceOf4.98Member
2023-08-28
2023-08-28
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): August 28, 2023
DATCHAT, INC.
(Exact name of registrant as specified in its charter)
Nevada |
|
001-40729 |
|
47-2502264 |
(State
or other jurisdiction of incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer Identification No.) |
204 Neilson Street
New Brunswick, NJ 08901
(Address
of principal executive offices, including ZIP code)
(732)
374-3529
(Registrants telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ | | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common Stock. $0.0001 par value |
|
DATS |
|
The
Nasdaq Stock Market LLC |
Series A Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.98 |
|
DATSW |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
On
August 28, 2023, DatChat, Inc. (the Company) issued a press release announcing its marketing partnership with Cloud Water
Brands. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
The
exhibit listed in the following Exhibit Index is filed as part of this Current Report on Form 8-K.
SIGNATURE
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated:
August 30, 2023
|
DATCHAT,
INC. |
|
/s/
Darin Myman |
|
Darin
Myman |
|
Chief
Executive Officer |
Exhibit
99.1
DatChats
Habytat Metaverse Enters Marketing Partnership with Cloud Water Brands
Company
Launches New Brand Partnership Program to Promote Brands within its Metaverse Ecosystem
New
Brunswick, NJ – August 28, 2023 – DatChat (Nasdaq: DATS), a private
messaging, social media, and metaverse company, announced today it has signed a marketing Memorandum of Understanding with Cloud Water
Brands to promote their line of Cloud Water + Immunity and Cloud Water CBD within the Habytat Virtual World through product placements,
Interactive 3D displays and NPC advertising. Additionally, Habytat has launched Its Brand Marketing Partnership Program making
the Habytat metaverse platform accessible to companies that wish to engage new audiences within the Habytat metaverse.
Founded
in 2019, Cloud Water Brands is an NYC-based beverage brand offering health and wellness products with a range of functional benefits.
The company offers a line of CBD sparkling waters and immune-boosting functional beverages with mouthwatering flavors inspired by the
citys mixology industry. Cloud Water Brands is focused on innovating functional beverages that empower people to take health into
their own hands by providing science-based, delicious, natural products that support physical and mental wellness. Cloud Water sparkling
beverage products have been featured in Harpers Bazaar, Delish, Shape, POPSUGAR, Byrdie, and BevNet, among many others. www.cloudwaterbrands.com
DatChat
CEO Darin Myman commented, Our partnership with Cloud Water Brands is unique, as it introduces a distinct facet and value proposition
for our members. Their all-natural botanicals and pure bioavailable CBD empowers individuals to embrace their well-being. This marketing
initiative marks the first step into the expansive possibilities that DatChats Habytat offers. With our metaverse consistently gaining
traction and welcoming 1,000-2,500 new members daily, this collaboration becomes the gateway for brands to thrive within our metaverse
ecosystem.
We
are thrilled to partner with such a cutting-edge platform as Habytat and Enter the Metaverse to expose and market our beverages to new
potential customers, said Marc Siden, CEO of Cloud Water Brands.
The
Habytat is available as a free download on App Store or Google Play and HabyPets are up for adoption at https://habytat.io/pets or from
the download the mobile app.
About
Habytat
Habytat
by SmarterVerse, a subsidiary of DatChat
Inc., is a metaverse platform and privacy-first social network. By dramatically lowering the financial and technical barriers
to entry to the metaverse, Habytat is democratizing access to the digital realm and giving users a remarkable opportunity to co-create
community, business and life together. Built on SmarterVerse Holdings patented privacy technology, Habytat grants users complete
control over their data, creating a social network users can trust. Learn more at habytat.io.
About
DatChat Inc.
DatChat
Inc. is a secure messaging, metaverse, and social media company that not only focuses on protecting privacy on personal devices, but
also protects user information after it is shared with others. The DatChat
Messenger & Private Social Network presents
technology that allows users to change how long their messages can be viewed before or after users send them, prevents screenshots, and
hides encrypted photos in plain sight on camera rolls. DatChats patented technology offers users a traditional texting experience while
providing control and security for their messages. With the DatChat Messenger, a user can decide how long their messages last on a recipients
device, while feeling secure that at any time, they can delete individual messages or entire message threads, making it like the conversation
never happened.
Forward-Looking
Statements
Certain
statements in this press release constitute forward-looking statements within the meaning of the federal securities laws.
Words such as may, might, will, should, believe, expect, anticipate,
estimate, continue, predict, forecast, project, plan, intend
or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company
believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements,
which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates
and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Companys filings
with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different.
The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or
otherwise, except as required by law.
CONTACT
ir@datchats.com
800-658-8081
v3.23.2
Cover
|
Aug. 28, 2023 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Aug. 28, 2023
|
Entity File Number |
001-40729
|
Entity Registrant Name |
DATCHAT, INC.
|
Entity Central Index Key |
0001648960
|
Entity Tax Identification Number |
47-2502264
|
Entity Incorporation, State or Country Code |
NV
|
Entity Address, Address Line One |
204 Neilson Street
|
Entity Address, City or Town |
New Brunswick
|
Entity Address, State or Province |
NJ
|
Entity Address, Postal Zip Code |
08901
|
City Area Code |
(732)
|
Local Phone Number |
374-3529
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Entity Emerging Growth Company |
true
|
Elected Not To Use the Extended Transition Period |
false
|
Common Stock. $0.0001 par value |
|
Title of 12(b) Security |
Common Stock. $0.0001 par value
|
Trading Symbol |
DATS
|
Security Exchange Name |
NASDAQ
|
Series A Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.98 |
|
Title of 12(b) Security |
Series A Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.98
|
Trading Symbol |
DATSW
|
Security Exchange Name |
NASDAQ
|
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTitle of a 12(b) registered security.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b
+ Details
Name: |
dei_Security12bTitle |
Namespace Prefix: |
dei_ |
Data Type: |
dei:securityTitleItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the Exchange on which a security is registered.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1
+ Details
Name: |
dei_SecurityExchangeName |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarExchangeCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Section 14a -Number 240 -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
+ References
+ Details
Name: |
dei_TradingSymbol |
Namespace Prefix: |
dei_ |
Data Type: |
dei:tradingSymbolItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=dats_CommonStock.0.0001ParValueMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=dats_SeriesWarrantsEachWarrantExercisableForOneShareOfCommonStockAtExercisePriceOf4.98Member |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
DatChat (NASDAQ:DATS)
Historical Stock Chart
Von Aug 2024 bis Sep 2024
DatChat (NASDAQ:DATS)
Historical Stock Chart
Von Sep 2023 bis Sep 2024