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 28, 2024, we had 1,463 shareholders of record of our common stock. The actual number of holders of our common stock is greater
than this number of record holders, and includes shareholders who are beneficial owners, but whose shares are held in street name by
brokers or held by other nominees. This number of holders of record also does not include stockholders whose shares may be held in trust
by other entities.
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
The following
table provides information relating to our purchases of shares of our common stock during the three months ended December 31, 2023.
(a)
(b)
(c)
(d)
Period
Total Number
of Shares
Purchased
Average
Price Paid
Per Share
Total
Number of
Shares
Purchased
as Part of
Publicly
Announced
Plans or
Programs (1)
Maximum
Number of
Shares that
May Yet Be
Purchased
Under the
Plans or
Programs (1)
October 1, 2023 - October 31, 2023
0
-
-
November 1, 2023 - November 30, 2023
0
-
-
December 1, 2023 - December 31, 2023
0
-
-
0
$ -
-
$ 0
(1) On January 6, 2023, our Board of Directors
approved a stock repurchase program authorizing a stock repurchase plan of up to $2,000,000 of our issued and outstanding common stock,
from time to time, with such program to be in place until December 31, 2023. Through December 31, 2023, the Company purchased 66,945 shares
of its common stock for $397,969, or at an average price of $5.94 per share, which has been reflected as treasury stock on the accompanying
audited balance sheet for the period ended December 31, 2023.
Recent
Sales of Unregistered Securities
On
August 4, 2023, we entered into a Subscription and Investment Representation Agreement with an investor (the “Purchaser”)
pursuant to which we issued and sold 2,000,000 shares of our newly designated Series B Preferred Stock, par value $0.0001 per share (the
“Series B Preferred Stock”), to such Purchaser for an aggregate purchase price of $1,000 .
ITEM
6. [RESERVED]
Not
applicable.
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