Blue Hat Interactive (BHAT) Announces 1:100 Reverse Share Split

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.

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