DatChat Warrants (DATSW) Exercisable at $49.80/Share

TL;DR

**DatChat's DATSW warrants are now active and can be converted to common stock at $49.80.**

AI Summary

DatChat, Inc. filed an 8-K on January 16, 2024, to report that its Series A Warrants, trading under the symbol DATSW, are now exercisable for one share of Common Stock at an exercise price of $49.80 per warrant. This matters to investors because it clarifies the terms under which warrant holders can convert their warrants into common stock, potentially impacting the company's outstanding share count and dilution if a significant number of warrants are exercised.

Why It Matters

This filing clarifies the exercise terms for DatChat's Series A Warrants, which could lead to an increase in outstanding shares and potential dilution for existing common stockholders if exercised.

Risk Assessment

Risk Level: medium — The exercise of warrants at $49.80 could lead to dilution for existing shareholders, depending on the number of warrants exercised and the current stock price.

Analyst Insight

Investors should monitor the trading activity of DATSW warrants and consider the potential for dilution to DATS common stock if a large number of warrants are exercised, especially if the common stock price approaches or exceeds $49.80.

Key Numbers

• $49.80 — Warrant Exercise Price (The price at which each Series A Warrant can be converted into one share of Common Stock.)
• $0.0001 — Common Stock Par Value (The stated par value of DatChat's Common Stock.)

Key Players & Entities

• DatChat, Inc. (company) — the registrant filing the 8-K
• $49.80 (dollar_amount) — the exercise price for each Series A Warrant
• DATS (company) — the trading symbol for DatChat's Common Stock
• DATSW (company) — the trading symbol for DatChat's Series A Warrants
• January 16, 2024 (date) — the date of the earliest event reported in the 8-K

Forward-Looking Statements

• Increased trading volume for DATSW warrants as investors react to the clarified exercise terms. (DATSW) — medium confidence, target: 2024-01-31
• Potential for dilution if a significant number of Series A Warrants are exercised. (DATS) — medium confidence, target: 2024-06-30

FAQ

Key Financial Figures

• $0.0001 — ge on which registered: Common Stock, $0.0001 par value DATS The Nasdaq Stock Mar
• $49.80 — of Common Stock at an exercise price of $49.80 DATSW The Nasdaq Stock Market LLC

Filing Documents

• ea191629-8k_datchat.htm (8-K) — 29KB
• ea191629ex99-1_datchat.htm (EX-99.1) — 11KB
• ea191629ex99-2_datchat.htm (EX-99.2) — 12KB
• 0001213900-24-003639.txt ( ) — 274KB
• dats-20240116.xsd (EX-101.SCH) — 4KB
• dats-20240116_def.xml (EX-101.DEF) — 26KB
• dats-20240116_lab.xml (EX-101.LAB) — 36KB
• dats-20240116_pre.xml (EX-101.PRE) — 25KB
• ea191629-8k_datchat_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. On January 16, 2024, DatChat, Inc. (the "Company") issued a press release announcing its plans to spin-off its Habytat Platform Business. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. On January 16, 2024, the Company issued a shareholder letter and provided a corporate update. A copy of the shareholder letter and corporate update is attached hereto as Exhibit 99.2 and is incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated January 16, 2024 99.2 Shareholder Letter and Corporate Update dated January 16, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) - 1 -

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 16, 2024 DATCHAT, INC. /s/ Darin Myman Darin Myman Chief Executive Officer -2-

View Full Filing

View this 8-K filing on SEC EDGAR