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): January 18, 2022
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)
354-4766
(Registrant’s telephone number, including area code)
65
Church Street, 2nd Floor
New Brunswick, NJ 08901
(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 |
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 x
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. ☐
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| Item 8.01 |
Other Events |
On January 18, 2022, the Company issued a press release announcing that is has begun development of a new platform that will expand its users’ ability to share and protect communications through NFT’s, documents, audio and video files and messages and to use a decentralized advertising network for Web 3.0 and Metaverse applications. In order to support and oversee these new developments, the Company has recently hired three senior developers and appointed a Chief Blockchain Architect.
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 |
| 99.1 | Press release dated January 18th, 2022 |
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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: January 19, 2022
| DatChat, Inc. | |
| /s/ Darin Myman | |
| Darin Myman | |
| Chief Executive Officer |
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DatChat Initiates Web 3.0 Platform Development for Protection of NFT’s and Encrypted Messaging
Company adds strategic hires with metaverse and blockchain experience
NEW BRUNSWICK, N.J., January 18, 2022-- DatChat, Inc. ("DatChat" or the "Company") (Nasdaq: DATS), a communications and social media company that gives users the ability to communicate, share, and post with privacy and screenshot protection, today announced the Company has initiated the development of a new platform that will leverage DatChat technology to share and protect NFT’S, documents, audio and video files and messages.
Additionally, the platform under development will also use DatChat technology as the foundation for a decentralized advertising network for Web 3.0 and Metaverse applications.
Overseeing this new initiative will be Mr. Mark Mathis, the newly appointed Chief Blockchain Architect. He will focus on leading the Companies Web 3.0 and Metaverse initiatives and expanding the Web 3.0 development team. Additionally, DatChat has added 3 new Senior Developers in January, encompassing iOS, Android, Blockchain, Messaging & Metaverse development experience.
"The construction and implementation of this innovative platform is a critical step in DatChat’s strategic growth plan,” said CEO Darin Myman. “By utilizing our proprietary technology, our platform will allow users to safeguard their data and digital assets in completely decentralized environment. We look forward to announcing additional updates on our efforts to expand cybersecurity to our users, in the near future.”
The DatChat Social Network+ app is available as a free download for iOS and Android.
About DatChat, Inc.
DatChat Inc. is a blockchain, cybersecurity, 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. DatChat's patented technology offers users a traditional texting experience while providing control and security for their messages. With DatChat Messenger, a user can decide how long their messages last on a recipient's 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 Company's 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.
Contacts:
Investor Relations contact:
Alex Thompson, John Yi
Gateway Group, Inc.
(949) 574-3860
DATS@gatewayir.com
Press contact:
Natalie Balladarsch
Gateway Group, Inc.
(949) 574-3860
DATS@gatewayir.com