DatChat, Inc. Holds 2024 Annual Meeting of Shareholders

DatChat, Inc. recently conducted its 2024 annual meeting of shareholders on December 13, 2024. The meeting aimed to vote on various proposals affecting the company. A total of 1,266,662 shares of DatChat’s common stock were represented either in person or by valid proxies at the Annual Meeting, constituting a quorum.

During the meeting, several key decisions were made by the shareholders. Firstly, the shareholders re-elected Darin Myman, Peter Shelus, Carly Luogameno, Joseph Nelson, and Wayne Linsley as members of the company’s board of directors. These directors will serve until the next annual meeting or until their respective successors are duly elected and qualified, or until otherwise specified by resignation, removal, or death.

Additionally, shareholders ratified the appointment of Salberg & Company, P.A. as DatChat’s independent registered public accounting firm for the fiscal year concluding on December 31, 2024. Furthermore, an amendment to the DatChat, Inc. Amended and Restated 2021 Omnibus Equity Incentive Plan (2021 Plan) was approved. This amendment signifies an increase in the number of shares of common stock reserved for issuance under the 2021 Plan to 600,000 shares from 300,000 shares.

The results of the key matters considered during the Annual Meeting, as outlined in the Definitive Proxy Statement filed on October 25, 2024, are as follows:

– Proposal 1: The election of the five directors received positive votes, and all incumbent nominees were re-elected.
– Proposal 2: Shareholders approved the appointment of Salberg & Company, P.A. as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
– Proposal 3: The amendment to the 2021 Plan to increase the number of shares of common stock reserved for issuance to 600,000 shares was also approved.

These decisions mark significant steps in the corporate governance and financial operations of DatChat, Inc., ensuring the continuity of leadership and strategic planning within the company.

DatChat, Inc. submitted the formal documentation for these decisions on December 13, 2024, in compliance with the reporting obligations under the Securities Exchange Act of 1934.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read DatChat’s 8K filing here.

About DatChat

DatChat, Inc a communication software company, develops mobile messaging application. The company offers DatChat Messenger & Private Social Network, a mobile application that gives users the ability to communicate with privacy and protection. It develops a blockchain-based decentralized communications platform that allows consumers and businesses to connect directly with each other.