---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-050034"
form_type: "8-K"
ticker: "SILO"
cik: "0001514183"
company_name: "Silo Pharma, Inc."
filed_at: "2021-09-27T23:59:59+00:00"
generated_at: "2026-06-29T01:15:29.128321+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-21-050034
- form_type: 8-K
- ticker: SILO
- cik: 0001514183
- company_name: Silo Pharma, Inc.
- filed_at: 2021-09-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514183/000121390021050034/0001213900-21-050034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514183/000121390021050034/ea147970-8k_silopharma.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-050034
- JSON: https://secwatch.observer/filing/0001213900-21-050034.json
- Plain text: https://secwatch.observer/filing/0001213900-21-050034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.