---
title: "Digital Asset Technologies Settles Dispute with Former CEO Through Cash and Share Deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274229003.md"
description: "Digital Asset Technologies Inc. has settled a dispute with its former CEO by agreeing to pay CAD $125,000 in cash and issue 6,250,000 common shares valued at CAD $200,000. This settlement, which does not admit liability, aims to resolve legal uncertainties and clarify governance and financial obligations for stakeholders. The share issuance is subject to a four-month hold period and regulatory approvals. Digital Asset Technologies is a publicly traded investment issuer focused on technology investments, with a current market cap of C$1.99M."
datetime: "2026-01-30T01:11:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274229003.md)
  - [en](https://longbridge.com/en/news/274229003.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274229003.md)
generator: "portal-rs"
---

# Digital Asset Technologies Settles Dispute with Former CEO Through Cash and Share Deal

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Digital Asset Technologies ( (TSE:DATT) ) has shared an update.

Digital Asset Technologies Inc. has reached a settlement agreement with its former chief executive officer to terminate a court claim, agreeing to pay CAD $125,000 in cash and issue 6,250,000 common shares at a deemed price of $0.032 per share, for a total settlement value of CAD $200,000. The share component of the settlement, which is subject to a four‑month statutory hold period and requires customary corporate and regulatory approvals including from the Canadian Securities Exchange, allows the company to resolve the dispute without admitting liability, removing a source of legal uncertainty and potentially clarifying its governance and financial obligations for investors and other stakeholders.

**More about Digital Asset Technologies**

Digital Asset Technologies Inc. (CSE: DATT) is a publicly traded investment issuer that identifies and makes equity investments in global companies focused on developing and commercializing technology.

**Average Trading Volume:** 132,162

**Technical Sentiment Signal:** Sell

**Current Market Cap:** C$1.99M

For a thorough assessment of DATT stock, go to TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**