Dogness (International) Corporation Acquires 19.5% Stake in Petcare IoT Firm DITC

Reuters

05-19

Dogness (International) Corporation Acquires 19.5% Stake in Petcare IoT Firm DITC

Dogness (International) Corporation, a developer and manufacturer of a wide range of pet products, has announced a strategic investment in Dogness Intelligent Technology Co., Ltd. (DITC) by acquiring a 19.5% equity interest. The transaction involves exchanging Dogness's Class A common shares and warrants for this stake. Established in 2018, DITC specializes in the Internet of Things (IoT) and app platforms for the pet industry, focusing on intelligent petcare devices and applications. This investment aligns with Dogness's strategic goals to expand in the petcare market, leveraging advancements in IoT, AI, and data analytics to enhance pet health and wellness solutions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dogness (International) Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-011394), on May 19, 2025, and is solely responsible for the information contained therein.

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(DITC) by acquiring a 19.5% equity interest. The transaction involves exchanging Dogness's Class A common shares and warrants for this stake. Established in 2018, DITC specializes in the Internet of Things (IoT) and app platforms for the pet industry, focusing on intelligent petcare devices and applications. This investment aligns with Dogness's strategic goals to expand in the petcare market, leveraging advancements in IoT, AI, and data analytics to enhance pet health and wellness solutions.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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ID: 0001641172-25-011394), on May 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nNDL3BzWjk:1","article_id":"2536071684","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536071684","pubTimestamp":1747659684,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Dogness  Corporation, a developer and manufacturer of a wide range of pet products, has announced a strategic investment in Dogness Intelligent Technology Co., Ltd.  by acquiring a 19.5% equity interest. The transaction involves exchanging Dogness's Class A common shares and warrants for this stake. Established in 2018, DITC specializes in the Internet of Things  and app platforms for the pet industry, focusing on intelligent petcare devices and applications. This investment aligns with Dogness's strategic goals to expand in the petcare market, leveraging advancements in IoT, AI, and data analytics to enhance pet health and wellness solutions.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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