DatChat (DATS) Announces Pricing of $5.1 Million Registered Direct Offering
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DatChat, Inc. Announces Pricing of $5.1 Million Registered Direct Offering Priced At-The Market Under Nasdaq Rules
January 8, 2025 8:42 AM ESTNew Brunswick, NJ, Jan. 08, 2025 (GLOBE NEWSWIRE) -- DatChat, Inc. (Nasdaq: DATS) (DatChat or the Company), a secure messaging, social media, and metaverse company, today announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of an aggregate of 1,200,000 shares of common stock at a purchase price of $4.25 per share in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about January 10, 2025, subject to the satisfaction of customary closing conditions.
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