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Blue Hat Announces 1-for-100 Reverse Stock Split

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Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) has announced a 1-for-100 reverse stock split effective March 17, 2025. The company currently has 493,820,989 ordinary shares outstanding. Following the split, every 100 shares with a par value of $0.01 will be converted into one share with a par value of $1.

Trading will continue on the Nasdaq Capital Market under the symbol 'BHAT' with a new CUSIP number G1329V 114. No fractional shares will be issued, with any fractional shares being rounded up to the next whole number. The split will not alter shareholders' percentage interest in the company's outstanding ordinary shares, except for adjustments from fractional share treatment.

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) ha annunciato un raggruppamento azionario 1 per 100 che entrerà in vigore il 17 marzo 2025. Attualmente, la società ha 493.820.989 azioni ordinarie in circolazione. Dopo il raggruppamento, ogni 100 azioni con un valore nominale di $0,01 saranno convertite in un'azione con un valore nominale di $1.

Le contrattazioni continueranno sul Nasdaq Capital Market con il simbolo 'BHAT' e un nuovo numero CUSIP G1329V 114. Non verranno emesse azioni frazionarie, con eventuali azioni frazionarie arrotondate al numero intero successivo. Il raggruppamento non altererà la percentuale di interesse degli azionisti nelle azioni ordinarie in circolazione della società, ad eccezione degli aggiustamenti dovuti al trattamento delle azioni frazionarie.

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) ha anunciado un split inverso de acciones 1 por 100 que entrará en vigor el 17 de marzo de 2025. Actualmente, la empresa tiene 493,820,989 acciones ordinarias en circulación. Tras el split, cada 100 acciones con un valor nominal de $0.01 se convertirán en una acción con un valor nominal de $1.

La negociación continuará en el Nasdaq Capital Market bajo el símbolo 'BHAT' con un nuevo número CUSIP G1329V 114. No se emitirán acciones fraccionarias, y cualquier acción fraccionaria se redondeará al siguiente número entero. El split no alterará el porcentaje de interés de los accionistas en las acciones ordinarias en circulación de la empresa, excepto por los ajustes derivados del tratamiento de acciones fraccionarias.

블루 햇 인터랙티브 엔터테인먼트 테크놀로지 (NASDAQ: BHAT)는 2025년 3월 17일부터 시행되는 1대 100 주식 병합을 발표했습니다. 현재 이 회사는 493,820,989주의 보통주가 발행되어 있습니다. 병합 후, 0.01달러의 액면가를 가진 100주는 1주의 액면가 1달러로 전환됩니다.

거래는 'BHAT' 기호로 나스닥 자본 시장에서 계속 진행되며, 새로운 CUSIP 번호는 G1329V 114입니다. 분할 주식은 발행되지 않으며, 모든 분할 주식은 다음 정수로 반올림됩니다. 이번 병합은 주주가 보유한 보통주에 대한 비율에 변화를 주지 않으며, 단지 분할 주식 처리에서 발생하는 조정만 있습니다.

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) a annoncé un regroupement d'actions de 1 pour 100 qui prendra effet le 17 mars 2025. La société a actuellement 493 820 989 actions ordinaires en circulation. Après le regroupement, chaque 100 actions d'une valeur nominale de 0,01 $ sera convertie en une action d'une valeur nominale de 1 $.

Les échanges continueront sur le Nasdaq Capital Market sous le symbole 'BHAT' avec un nouveau numéro CUSIP G1329V 114. Aucune action fractionnaire ne sera émise, les actions fractionnaires étant arrondies au nombre entier supérieur. Le regroupement n'affectera pas le pourcentage d'intérêt des actionnaires dans les actions ordinaires en circulation de la société, sauf pour les ajustements dus au traitement des actions fractionnaires.

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) hat einen Aktienzusammenschluss im Verhältnis 1 zu 100 angekündigt, der am 17. März 2025 wirksam wird. Das Unternehmen hat derzeit 493.820.989 ausgegebene Stammaktien. Nach dem Zusammenschluss werden 100 Aktien mit einem Nennwert von 0,01 $ in eine Aktie mit einem Nennwert von 1 $ umgewandelt.

Der Handel wird weiterhin am Nasdaq Capital Market unter dem Symbol 'BHAT' mit einer neuen CUSIP-Nummer G1329V 114 stattfinden. Es werden keine Bruchstücke von Aktien ausgegeben, und alle Bruchstücke werden auf die nächste ganze Zahl aufgerundet. Der Zusammenschluss wird den prozentualen Anteil der Aktionäre an den ausgegebenen Stammaktien des Unternehmens nicht verändern, abgesehen von Anpassungen, die sich aus der Behandlung von Bruchstücken ergeben.

Positive
  • Potential compliance with Nasdaq minimum bid price requirements
  • Higher nominal share price could attract institutional investors
Negative
  • Implementation of reverse stock split typically indicates company's struggle to maintain minimum share price requirements
  • Significant reduction in total outstanding shares may impact stock liquidity

XIAMEN, China, March 12, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a Cayman Islands company, reported that it expects to implement a 1-for-100 reverse stock split on its ordinary shares effective Monday, March 17, 2025, with trading to begin on a split-adjusted basis at the market open on that day. Before such reverse stock split, the Company has a total of 493,820,989 ordinary shares issued and outstanding. Trading in the ordinary shares will continue on the Nasdaq Capital Market under the symbol “BHAT”. The new CUSIP number for the ordinary shares following the reverse stock split is G1329V 114.

Upon the effectiveness of the reverse stock split, every 100 shares of the Company’s issued and outstanding ordinary shares, par value $0.01 per share will automatically be converted into one issued and outstanding ordinary share, par value $1 per share. No fractional shares will be issued as a result of the reverse stock split. Instead, any fractional shares that would have resulted from the split will be rounded up to the next whole number. The reverse stock split affects all shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s outstanding ordinary shares, except for adjustments that may result from the treatment of fractional shares.

The reverse stock split at a ratio of 1-for-100 shares was approved by the Company’s board of directors and its shareholders.

About Blue Hat
Blue Hat was formerly a provider of communication services, as well as a producer, developer, and operator of AR interactive entertainment games, toys, and educational materials in China. Leveraging years of technological accumulation and unique patented technology, Blue Hat is expanding its business to commodity trading, aiming to become a leading intelligent commodity trader worldwide. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.

Forward-Looking Statements 
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net


FAQ

When will BHAT's 1-for-100 reverse stock split take effect?

The reverse stock split will take effect on Monday, March 17, 2025, with trading beginning on a split-adjusted basis at market open.

How many shares will BHAT have outstanding after the reverse split?

After the 1-for-100 reverse split, BHAT's 493,820,989 outstanding shares will be converted to approximately 4.94 million shares.

What happens to fractional shares in BHAT's reverse split?

Fractional shares resulting from the reverse split will be rounded up to the next whole number.

Will BHAT's stock symbol change after the reverse split?

No, BHAT will continue trading on the Nasdaq Capital Market under the same symbol with a new CUSIP number G1329V 114.
Blue Hat Interactive Entmt Tec

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Electronic Gaming & Multimedia
Communication Services
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