Blue Hat Announces 1-for-50 Reverse Stock Split

Core Viewpoint - Blue Hat Interactive Entertainment Technology plans to implement a 1-for-50 reverse stock split effective March 6, 2026, to adjust its share structure and potentially enhance its market position [1][2][3] Group 1: Reverse Stock Split Details - The reverse stock split will convert every 50 shares of the Company's ordinary shares into one share, changing the par value from $0.0000001 to $0.000005 per share [2] - As of March 2, 2026, the Company has 113,012,000 ordinary shares issued and outstanding, which will be adjusted post-split [1] - No fractional shares will be issued; any resulting fractions will be rounded up to the next whole number [2] Group 2: Company Background - Blue Hat was previously focused on communication services and is now expanding into AR interactive entertainment games, toys, and educational materials in China [4] - The Company is leveraging its technological expertise and patented technology to enter the commodity trading sector, aiming to become a leading intelligent commodity trader globally [4]