DatChat, Inc. announced on June 17, 2025, that its former subsidiary, RPM Interactive, an AI-generated publishing and software company, has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC). This filing relates to a proposed initial public offering (IPO) of shares of RPM Interactive's common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.
RPM Interactive has applied to list its common stock on the Nasdaq Capital Market under the ticker symbol 'RPMI.' DatChat currently owns 12.5 million shares, representing approximately 34% of RPM Interactive. The Benchmark Company, LLC will serve as the sole book-running manager for the proposed offering. A registration statement relating to these securities has been filed with the SEC but has not yet become effective.
This proposed IPO is a significant event for DatChat, as it could unlock substantial value from its ownership stake in RPM Interactive. The move validates RPM Interactive's business model in AI-generated content and provides a potential capital event for the subsidiary, supporting its growth initiatives in developing platforms like 'Catch-Up' for short-form video content.
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