secwatch.observer — SEC 8-K summary
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Issuer:     Silo Pharma, Inc. (SILO)
CIK:        0001514183
Form:       8-K
Filed at:   2021-09-27T23:59:59+00:00
Accession:  0001213900-21-050034
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514183/000121390021050034/0001213900-21-050034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514183/000121390021050034/ea147970-8k_silopharma.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-050034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer