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 27, 2023, we had 1,477 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.
Issuer Purchases of Equity Securities
We did not purchase any of our registered equity
securities during the period covered by this Annual Report.
Recent Sales of Unregistered Securities
During the year ended December 31, 2022, the
Company issued 1,000,000 shares in connection with the acquisition of all the issued and outstanding shares of Avila Security Corporation.
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ITEM 6. [RESERVED]
Not applicable.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.