Saturday, July 5, 2025

Latest

Social Media Firm DatChat Closes US$12.0 Million IPO

Social media platform DatChat, Inc. (Nasdaq: DATS) closed on Tuesday its initial public offering on the Nasdaq Capital Market. The firm was able to raise approximately US$12.0 million in its debut on the big board.

The offering consisted of 2,891,567 company units at US$4.15 per unit, with each unit containing one common share and one series A warrant to purchase a share. The company’s shares are trading under the symbol “DATS” while the purchase warrants trade under “DATSW”.

EF Hutton, division of Benchmark Investments, acted as the lead bookrunner for the said offering.

The New Jersey-based firm’s main distinction as a communications platform is its value for privacy and control over digital information. Its flagship product, DatChat Messenger, allows users to control the visibility of chat messages even after sending, completely prevents screenshots, and uses blockchain technology to secure the data shared over the messaging app.

DatChat last traded at US$3.86 on the Nasdaq.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Torex Gold Acquires Reyna Silver For CASH!

Dundee Acquires Adriatic Metals: The Balkan Growth Strategy

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

Recommended

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

ESGold To Expand Mine Building At Montauban In Advance Of Gold & Silver Production

Related News

Mining Firm Austin Gold Prices US$13 Million IPO

Gold exploration company Austin Gold Corp. (NYSE: AUST) began trading on the New York Stock...

Wednesday, May 4, 2022, 02:20:00 PM

Electric Vehicle SPAC Arogo Capital Acquisition Prices Downsized US$90 Million IPO

Special purpose acquisition company Arogo Capital Acquisition Corp. (Nasdaq: AOGOU) will start on Monday to...

Friday, December 24, 2021, 02:46:00 PM

Fintech SPAC Prime Number Acquisition I Prices US$60 Million IPO

Special purpose acquisition company Prime Number Acquisition I Corp (Nasdaq: PNACU) started trading its securities...

Monday, May 16, 2022, 02:23:00 PM

Healthcare SPAC Healthwell Acquisition Aims To Raise US$250 Million In IPO

Special purpose acquisition company Healthwell Acquisition Corp. I (NASDAQ: HWELU) went public on the Nasdaq...

Wednesday, August 4, 2021, 11:57:00 AM

Ex-Blue Origin President-Led SPAC C5 Acquisition Prices US$250 Million IPO

Blank check company C5 Acquisition Corporation (NYSE: CXAC.U) is looking to raise US$250 million for...

Monday, January 10, 2022, 04:46:00 PM