Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
March 12 2025 - 4:05PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For
the month of March 2025
Commission
File Number 001-39001
Blue
Hat Interactive Entertainment Technology
(Translation
of registrant’s name into English)
7th
Floor, Building C, No. 1010 Anling Road
Huli
District, Xiamen, China 361009
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form
40-F ☐
Blue Hat interactive Entertainment Technology, a Cayman
Islands company, (the “Company”) furnishes under the cover of Form 6-K the following:
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 12, 2025
|
BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY |
|
|
|
By: |
/s/ Xiaodong Chen |
|
|
Name: Xiaodong Chen |
|
|
Title: Chief Executive Officer |
EXHIBIT 99.1
Blue Hat Announces 1-for-100 Reverse Stock Split
Xiamen, China – March 12, 2025: 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
Blue Hat Interactive Ent... (NASDAQ:BHAT)
Historical Stock Chart
From Feb 2025 to Mar 2025
Blue Hat Interactive Ent... (NASDAQ:BHAT)
Historical Stock Chart
From Mar 2024 to Mar 2025