RPM Interactive, DatChat's Subsidiary, Files for Proposed IPO on Nasdaq Market

Reuters
Yesterday
RPM Interactive, DatChat's Subsidiary, Files for Proposed IPO on Nasdaq Market

DatChat Inc.'s former subsidiary, RPM Interactive, has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its common stock. DatChat still owns a significant portion, holding 12.5 million shares, which represents approximately 34% of RPM Interactive. The company, which specializes in AI-generated publishing and software, aims to list its stock on the Nasdaq Capital Market under the ticker symbol "RPMI." The Benchmark Company, LLC will act as the sole book-running manager for the offering. Details on the number of shares and pricing are yet to be determined.

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