Silo Pharma sells 1M shares of DatChat for ~$6.6M

Silo Pharma, Inc.

Sold 1,000,000 shares of DatChat, Inc. for aggregate proceeds of approximately $6.6 million.
Transactions occurred between September 21 and September 23, 2021 via stock purchase agreements.
Shares sold to an institutional purchaser; agreements include lock-up release from EF Hutton.
The stake was previously disclosed in an August 18, 2021 8-K.

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