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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): May 11, 2023

 

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) 374-3529
(Registrant’s telephone number, including area code)

 

N/A
(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
Series A Warrants, each warrant exercisable for one share of Common Stock at an exercise price of $4.98   DATSW   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

 

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.

 

 

 

 

 

Item 8.01Other Events.

 

On May 11, 2023, DatChat, Inc.(the “Company”) issued a press release announcing the launch of its mobile metaverse, the Habytat. 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.

 

(d) Exhibits.

 

The exhibit listed in the following Exhibit Index is filed as part of this Current Report on Form 8-K.

 

Exhibit No.   Description of Exhibit
99.1   Press release dated May 11, 2023.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

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: May 12, 2023

 

  DATCHAT, INC.
   
  /s/ Darin Myman
  Darin Myman
  Chief Executive Officer

 

 

Exhibit 99.1

 

 

 

DatChat Launches the Habytat Mobile Metaverse for the Masses

Habytat Offers Free NFT Deeded Metaverse Property and Houses to Users

 

New Brunswick, NJ – May 11, 2023 – DatChat Inc. (Nasdaq DATS), today launches the initial version of its Habytat open mobile metaverse through its SmarterVerse, Inc. subsidiary. Habytat version 1.0 offers users free NFT deeded properties and houses in Geniuz City, the first residential area of the Habytat modeled after Miami’s Wynwood arts district. As of today, users can visit art galleries, explore the town, interact with others, take selfies with famous landmarks, customize their properties and enjoy the experiences that the Habytat has to offer.

 

Recognizing the high barrier to entry with existing metaverse platforms, Habytat’s mission is to democratize access through a variety of key offerings. By being available via mobile devices and offering free ownership of land and homes, Habytat breaks down obstacles that previously limited participation, such as the necessity for expensive gear such as VR headsets or metaverse properties. The development of more realistic looking content, daily rewards, games, and new utilities further enhance the user experience in an engaging way.

 

“Currently, most people have no idea what the metaverse is, what it does, what it looks like or how to get involved, which has impeded mass adoption by the average consumer. We saw a unique and timely opportunity to leverage our patents and develop new technology that hopefully leads to more people joining and seeing the value in the metaverse. Habytat offers all users free NFT deeded properties that will serve as a key to the new social media, unlocking interesting content, new utilities and access through both mobile devices and virtual reality,” stated Darin Myman, CEO of DatChat.

 

“The next generation of social media will change how we exchange, store, and control our information. Having the ability to delete or preserve your data will change the current data ownership model in favor of the consumer.”

 

Users can visit art galleries, walk around town, interact with others, take selfies with famous landmarks, customize their properties and enjoy the culture of Geniuz City. Version 2.0 of the Habytat is scheduled to launch in June of 2023, and will include a full virtual reality experience, AI Pets with an interactive dog park, a Music District, and much more.

 

“We have built a highly talented team of over fifty game developers, graphic artists and back-end developers that have worked tirelessly to create Habytat 1.0. This is just the beginning of the journey for us. We are very proud of Habytat, but the best is yet to come,” stated Gianfranco Lopane, President, Smarterverse, Inc.

 

The official in-world currency of the Habytat is the “Nirad,” which can be earned through participation on the DatChat Social Network+ or the Habytat and used to upgrade properties and experiences in the Habytat.

 

The Habytat is available as a free download for both iOS and Android. For more information, visit Habytat.io.

 

About Habytat

Habytat by SmarterVerse, a subsidiary of DatChat Inc., is a metaverse platform and consumer-first social network. By dramatically lowering the financial and technical barriers to entry to the metaverse, Habytat is democratizing access to the digital realm and giving users a remarkable opportunity to co-create community, business and life together. Learn more at habytat.io.

 

About DatChat Inc.

DatChat Inc. is a secure messaging, metaverse, 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 the 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.