Dragon Interact Inc., a subsidiary of DatChat, Inc., announced on October 30, 2024, the acquisition of RPM Interactive, Inc. This transaction involved Dragon Interact acquiring 100% ownership of RPM Interactive, including all its intellectual property. The consideration for the acquisition was the issuance of 3.5 million shares of common stock of Dragon Interact Inc.
As part of this acquisition, Dragon Interact plans to change its corporate name to RPM Interactive, reflecting a new focus on AI-driven podcast and gaming technologies. Michael Mathews, a tech industry veteran, will assume the role of Chairman of the Board for the newly named RPM Interactive Inc. Mathews brings extensive experience from roles as CEO of Aspen Group Inc. and Interclick, Inc., positioning him to drive RPM Interactive’s success.
RPM Interactive is a publisher of AI-generated consumer gaming and podcasting/vodcasting apps, leveraging generative AI systems to create interactive and engaging content at scale. DatChat CEO Darin Myman stated that the acquisition provides access to unique AI technology poised to disrupt the trivia gaming, online entertainment, and podcasting industries. This strategic move aims to transform how niche audiences engage with content through smarter, faster, and more personalized entertainment.
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