DatChat's Former Subsidiary RPM Interactive Files For IPO To Trade Under Ticker "RPMI"; DatChat Retains 34% Ownership Stake

Benzinga·06/17/2025 12:16:47

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DatChat Currently Owns 34% of the AI-generated Publishing Platform and Software Company

NEW BRUNSWICK, N.J., June 17, 2025 (GLOBE NEWSWIRE) -- DatChat, Inc. (NASDAQ:DATS) ("DatChat" or the "Company"), a secure messaging and social media company, today announced 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 (the "SEC") relating to a proposed initial public offering of shares of its 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 or approximately 34% of RPM Interactive.

The Benchmark Company, LLC will serve as sole book-running manager for the proposed offering.

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