DatChat's Dragon Interact Acquires RPM Interactive In 3.5M Share Deal, Gains 100% Ownership And Plans Rebranding To RPM Interactive With AI-Focused Strategy; Industry Veteran Michael Mathews Appointed As Chairman
Portfolio Pulse from Benzinga Newsdesk
DatChat's subsidiary, Dragon Interact, has acquired RPM Interactive in a deal involving 3.5 million shares, gaining full ownership. The company plans to rebrand as RPM Interactive with a new AI-focused strategy. Michael Mathews, an industry veteran, has been appointed as Chairman.
October 30, 2024 | 3:47 pm
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DatChat's Dragon Interact has acquired RPM Interactive, gaining 100% ownership in a 3.5 million share deal. The company will rebrand to RPM Interactive with a focus on AI, and Michael Mathews is appointed as Chairman.
The acquisition and rebranding to an AI-focused strategy could positively impact DatChat's market perception and growth potential. The appointment of an experienced chairman further strengthens leadership, likely boosting investor confidence.
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