DatChat Closes Acquisition Bolstering Its Web 3.0, Metaverse Presence
Communications and social media company DatChat, Inc (NASDAQ:DATS) closed on the previously announced acquisition of Avila Security Corporation. DatChat issued 1 million shares, subject to a lock-up agreement. The transaction terms included $1 million in cash and the greater of 739,650 shares or $2.5 million of stock. The transaction expands DatChat's intellectual property assets by…
Benzinga ·