Blue Hat Interactive Entertainment Technology Announces Share Repurchase Program

Core Viewpoint - Blue Hat Interactive Entertainment Technology has announced a share repurchase program to buy back up to $1 million of its outstanding ordinary shares, reflecting the company's confidence in its long-term growth prospects [1]. Group 1: Share Repurchase Program - The share repurchase program is authorized for the next six months and will be funded through a combination of cash on hand and cash generated from operations [1]. - The company may repurchase shares on the open market or in privately negotiated transactions, adhering to applicable federal securities laws [2]. - The timing and actual number of shares repurchased will depend on various factors, including regulatory restrictions and market conditions [2]. Group 2: Company Background - Blue Hat was previously a provider of communication services and is now focused on AR interactive entertainment games, toys, and educational materials in China [3]. - The company is expanding its business into commodity trading, aiming to become a leading intelligent commodity trader worldwide [3].