Blue Hat Interactive (BHAT) Prices 78M Share Offering at $0.055/sh

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Go back to Blue Hat Interactive (BHAT) Prices 78M Share Offering at $0.055/sh

Blue Hat Announces Pricing of $4.3 Million Registered Direct Offering

January 13, 2025 9:15 AM EST

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 estimated to be approximately $4.3 million before deducting the placement agents fees and other estimated... More