Blue Hat Announces Pricing of $4.4 Million Registered Direct Offering

Core Viewpoint - Blue Hat Interactive Entertainment Technology has announced a registered direct offering of 55,200,000 Ordinary Shares at a price of $0.08 per share, aiming to raise approximately $4.4 million before expenses [1][2]. Group 1: Offering Details - The offering is expected to close on or about January 7, 2025, pending customary closing conditions [2]. - Maxim Group LLC is acting as the sole placement agent for this offering [2]. - The shares are being offered under a shelf registration statement declared effective by the SEC on January 26, 2024 [3]. Group 2: Company Background - Blue Hat was previously involved in communication services and the production of AR interactive entertainment games, toys, and educational materials, but is now primarily engaged in commodity trading in China [5].