Core Viewpoint - Blue Hat Interactive Entertainment Technology is implementing a 1-for-50 reverse stock split effective March 9, 2026, to adjust its share structure and 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 3, 2026, the Company has 154,912,000 ordinary shares issued and outstanding, which will be adjusted post-split [1] - The new CUSIP number for the ordinary shares after the reverse stock split will be G1329V 122 [1] Group 2: Company Background - Blue Hat was previously engaged in communication services and is now focused on AR interactive entertainment games, toys, and educational materials in China [4] - The Company is expanding into commodity trading, aiming to become a leading intelligent commodity trader globally [4]
Blue Hat Announces an Updated Effective Time for 1-for-50 Reverse Stock Split