Blue Hat Announces Pricing of $3.9 Million Registered Direct Offering

Core Viewpoint - Blue Hat Interactive Entertainment Technology has announced a registered direct offering of 55,950,000 Ordinary Shares at a price of $0.07 per share, aiming to raise approximately $3.9 million before expenses [1][2]. Group 1: Offering Details - The offering is expected to close on or about January 10, 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 on Form F-3, which was declared effective by the SEC on January 26, 2024 [3]. Group 2: Company Background - Blue Hat was previously involved in communication services and the development of AR interactive entertainment games, toys, and educational materials, but is now primarily engaged in commodity trading in China [5].