Core Viewpoint - Blue Hat Interactive Entertainment Technology is facing potential delisting from Nasdaq due to non-compliance with listing rules, specifically the Low Priced Stocks Rule, after its stock price closed at $0.10 or less for ten consecutive trading days [1][2]. Group 1: Delisting Notification - On January 24, 2025, Blue Hat received a notification from Nasdaq regarding non-compliance with the Low Priced Stocks Rule [1]. - The company had previously been notified on September 6, 2024, for closing below $1.00 per share for 30 consecutive business days, which provided a compliance period until March 5, 2025 [2]. - The recent delisting determination has ended the previous compliance period prematurely due to the stock price issue [2]. Group 2: Appeal Process - The company intends to request a hearing to appeal the delisting determination, which will temporarily stay the suspension of its securities [3]. - If the appeal is not requested by January 31, 2025, trading of the company's shares will be suspended on February 4, 2025, and a Form 25-NSE will be filed to remove the securities from Nasdaq [4]. Group 3: Compliance Options - Blue Hat is exploring various options to regain compliance, including the possibility of a reverse stock split pending shareholder approval [5]. Group 4: Company Background - Blue Hat was previously engaged in communication services and the development of AR interactive entertainment games and educational materials in China [6]. - The company is now expanding into commodity trading, aiming to become a leading intelligent commodity trader globally [6].

XIAMEN, China, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 77,989,800 Ordinary Shares (the “Ordinary Shares”) in a registered direct offering. The Ordinary Shares are being sold at an offering price of $0.055 per share. The gross proceeds to the Company from the registered direct offering are ...

XIAMEN, China, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 55,950,000 Ordinary Shares (the “Ordinary Shares”) in a registered direct offering. The Ordinary Shares are being sold at an offering price of $0.07 per share. The gross proceeds to the Company from the registered direct offering are ...

XIAMEN, China, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 55,200,000 Ordinary Shares (the “Ordinary Shares”) in a registered direct offering. The Ordinary Shares are being sold at an offering price of $0.08 per share. The gross proceeds to the Company from the registered direct offering are ...

香港, Aug. 29, 2024 (GLOBE NEWSWIRE) -- 近日，蓝帽互动娱乐科技公司（“BHAT”或“公司”）（纳斯达克股票代码：BHAT）宣布进行1000公斤（约2204.62磅）的黄金交付，正式标志着其黄金供应链业务的启动。此次交付是在2023年10月与澳门融鑫贵金属科技有限公司（“澳门融鑫”）签署框架协议后进行的。澳门融鑫是一家注册于澳门的公司，注册号为86918(SO)。 2023 年 10 月框架协议签订时的黄金现货价格约为每克 61.14 美元，而截至 2024 年 8 月 28 日的黄金现货价格约为每克 80.61 美元。交付给 BHAT 的黄金购买价格约为每克 66.49 美元，总购买价约为 6649 万美元。这次收购是为了发展黄金供应链业务的战略举措。BHAT计划将这批黄金用于黄金供应链业务，为炼金厂、批发商和零售商提供黄金，从而创造收益并在黄金行业中建立稳固的地位。 BHAT首席执行官陈肖东表示：“这次重要的黄金交付完成，标志着BHAT在大宗商品交易领域迈出了关键的一步。这一里程碑不仅彰显了我们扩展国际市场的承诺，也加强了我们的财务状况。我们预计，这一成功将推动公司的进一 ...

HONG KONG, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("BHAT" or the "Company") (NASDAQ: BHAT) announced the execution of a 1,000-kilogram (approximately 2,204.62 pounds) gold delivery, officially marking the launch of its gold supply chain business. This delivery follows the framework agreement signed in October 2023 with Macau Rongxin Precious Metals Technology Co., Ltd. ("Macau Rongxin"), a company registered in Macau with registration number: 86918(SO) registered wit ...

HONG KONG, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) is emerging as a key player in gold trading industry. As reported by Reuters, since August 1st, 2024, gold prices have exhibited a mix of volatility and upward trends, influenced by various economic and geopolitical factors. Gold hit a notable high above $2,483 per ounce in July, supported by favorable market sentiment and political risks, indicating strong safe-haven demand​ while short-term corrections ...

CHENGDU, China, June 12, 2024 (GLOBE NEWSWIRE) -- NASDAQ-listed company Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT, hereinafter referred to as ", Blue Hat", or the "Company"))) and Sichuan Jinyinghe Industrial Co., Ltd. (hereinafter referred to as "Jinyinghe") announced the signing of a framework cooperation agreement to jointly establish a leading gold supply chain company. This collaboration aims to integrate industrial resources and international financial capital to address various issue ...

HONG KONG, June 05, 2024 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology, a NASDAQ listed company (hereinafter referred to as "BHAT"), recently announced that its wholly-owned Hong Kong subsidiary, Golden Alpha Strategy Ltd., has been granted Dealers in Precious Metals and Stones Category A Registration by Hong Kong Customs and Excise Department. This regulatory system, implemented by the Hong Kong government on April 1, 2023, aims to combat money laundering and terrorist financing activit ...

Company Overview - Blue Hat Interactive Entertainment Technology (BHAT) is a NASDAQ-listed company that has expanded its business scope from communication services, IDC business, and AR interactive entertainment games to include bulk trading of gems and precious metals [3] - The company aims to become a leading intelligent commodity trader worldwide by leveraging its technological accumulation and unique patented technology [3] Regulatory and Business Development - BHAT's wholly-owned Hong Kong subsidiary, Golden Alpha Strategy Ltd, has been granted Dealers in Precious Metals and Stones Category A Registration by Hong Kong Customs and Excise Department [1] - This registration is part of a regulatory system implemented by the Hong Kong government on April 1, 2023, to combat money laundering and terrorist financing activities [1] - The company is committed to conducting and facilitating commodity trading of precious metals and stones under legal and compliant conditions in Hong Kong and internationally [1] Strategic Initiatives and Future Plans - BHAT plans to actively expand its business in precious metals, aiming to bring more returns to investors [2] - The company will collaborate with Macau Rongxin Precious Metals Company to advance an innovative intelligent gold supply chain and recycling system [2] - BHAT emphasizes innovation and aims to leverage artificial intelligence technology to facilitate commodity trading, particularly in the precious metals sector [2] Leadership and Vision - Mr Chen Xiaodong, CEO of BHAT, highlighted the significance of the international license as a crucial step in the company's business transformation and international development [2] - The company is dedicated to conducting international business while fully complying with local and international laws [2]