lifeonthefarm
4 days ago
try to figure this out lol
Blue Hat Interactive Entertainment Technology (โBlue Hatโ or the โCompanyโ) (NASDAQ: BHAT) has successfully completed the final payment for the gold transaction between its Hong Kong wholly-owned subsidiary, Golden Alpha Strategy Limited, and Macau Rongxin Precious Metals Technology Co., Ltd.
According to the agreement, these ordinary shares are subject to a 3-year lock-up period and do not carry voting rights. This arrangement reflects the full trust and confidence of Macau Rongxin Precious Metals Technology Co., Ltd. in Blue Hat's management. By completely handing over the voting rights to Blue Hat's management by contract, Rongxin not only expressed its recognition of the company's strategic direction but also indicated its focus on long-term gains rather than short-term intervention in the company's operations. This foundation of trust paves the way for deeper cooperation between the two parties in the future.
getmoreshares
1 week ago
: To consider and approve by an ordinary resolution that the share capital of the Company increase from โUS$5,000,000 divided into 500,000,000 ordinary shares of US$0.01 par value eachโ to โUS$500,000,000 divided into 50,000,000,000 ordinary shares of US$0.01 par value each by the creation of an additional 49,500,000,000(( BILLION) ordinary shares of a par value of US$0.01 each to rank pari passu in all respects with the existing ordinary shares of the Company with immediate effect (the โAuthorized Share Capital Increaseโ).
getmoreshares
1 week ago
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 Companyโs investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.