MARKETSCREENER - DatChat, a secure messaging, social media, and metaverse company, announced its intention to spin off its Habytat platform business into a new standalone public company. The move aims to enhance focus and streamline operations, allowing DatChat to reposition itself as a pureplay social media ecosystem, centered around its My Family Museum assets. DatChat plans to distribute its shares of SmarterVerse, the entity operating Habytat, to its shareholders. SmarterVerse is expected to become a standalone public company, with DatChat shareholders receiving a pro-rata distribution of its shares.
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