Item 5. Market for Registrant’s Common Equity
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information
Our common stock and Series A Warrants are listed on the Nasdaq Capital
Market under the symbols “DATS” and “DATSW” respectively.
Shareholders
As of March 21, 2022, we had 2,442 shareholders
of record. This does not include shares held in the name of a broker, bank or other nominees (typically referred to as being held in
“street name”).
Dividend Policy
We have never paid or
declared any cash dividends on our common stock, and we do not anticipate paying any cash dividends on our common stock in the foreseeable
future. We intend to retain all available funds and any future earnings to fund the development and expansion of our business. Any future
determination to pay dividends will be at the discretion of our board of directors and will depend upon a number of factors, including
our results of operations, financial condition, future prospects, contractual restrictions, restrictions imposed by applicable law and
other factors our board of directors deems relevant.
Recent Sales of Unregistered Securities
During the year ended December 31, 2021, the
Company sold an aggregate of 405,224 shares of its common stock at $4.00 per common share for gross proceeds of $1,620,896 and net proceeds
of $1,589,237 after escrow fees related to private placement sale.
ITEM 6. [RESERVED]
Not applicable.
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