Dogness (International) Corporation Acquires 19.5% Stake in Petcare IoT Firm DITC

Reuters

19 May

Dogness (International) Corporation Acquires 19.5% Stake in Petcare IoT Firm DITC

Dogness (International) Corporation, a developer and manufacturer of a wide range of pet products, has announced a strategic investment in Dogness Intelligent Technology Co., Ltd. (DITC) by acquiring a 19.5% equity interest. The transaction involves exchanging Dogness's Class A common shares and warrants for this stake. Established in 2018, DITC specializes in the Internet of Things (IoT) and app platforms for the pet industry, focusing on intelligent petcare devices and applications. This investment aligns with Dogness's strategic goals to expand in the petcare market, leveraging advancements in IoT, AI, and data analytics to enhance pet health and wellness solutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dogness (International) Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-011394), on May 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The transaction involves exchanging Dogness's Class A common shares and warrants for this stake. Established in 2018, DITC specializes in the Internet of Things  and app platforms for the pet industry, focusing on intelligent petcare devices and applications. This investment aligns with Dogness's strategic goals to expand in the petcare market, leveraging advancements in IoT, AI, and data analytics to enhance pet health and wellness solutions.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dogness  Corporation published the original co","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"Dogness(International)Corporation收购宠物护理物联网公司DITC 19.5%的股份","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DOGZ":0.9},"content_text":"Dogness (International) Corporation Acquires 19.5% Stake in Petcare IoT Firm DITC\n    \n\n        Dogness (International) Corporation, a developer and manufacturer of a wide range of pet products, has announced a strategic investment in Dogness Intelligent Technology Co., Ltd. (DITC) by acquiring a 19.5% equity interest. The transaction involves exchanging Dogness's Class A common shares and warrants for this stake. Established in 2018, DITC specializes in the Internet of Things (IoT) and app platforms for the pet industry, focusing on intelligent petcare devices and applications. 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