Blue Hat Announces Pricing of $4.3 Million Registered Direct Offering

Group 1 - Blue Hat Interactive Entertainment Technology has entered into securities purchase agreements with institutional investors to sell 77,989,800 Ordinary Shares at an offering price of $0.055 per share [1][2] - The gross proceeds from this registered direct offering are estimated to be approximately $4.3 million before deducting fees and expenses [2] - The offering is expected to close on or about January 14, 2025, subject to customary closing conditions [2] Group 2 - The Ordinary 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] - A prospectus supplement relating to the Ordinary Shares will be filed with the SEC [4] - Blue Hat was previously a provider of communication services and is now primarily engaged in commodity trading in China [5]