Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT),
a producer, developer and operator of popular augmented reality interactive
entertainment games and toys in China, today announced the July 30, 2019
closing of its underwritten initial public offering (“IPO”). According to the
update, the IPO consisted of 2,000,000 ordinary shares priced at $4 each,
before underwriting discounts and commissions, and resulted in gross proceeds
of $8,000,000 before underwriting discounts and commissions and offering
expenses. Blue Hat raised the proposed deal size from 1,800,000 as reflected in
the original registration statement through filing an additional statement to
accommodate the upsizing. Blue Hat offered all of the ordinary shares, and the
offering was conducted on a firm commitment basis.
To view the full press release, visit http://ibn.fm/72TOm
About Blue Hat Interactive Entertainment Technology
Blue Hat, headquartered in Xiamen, China, is a producer,
developer and operator of augmented reality interactive entertainment games and
toys, including interactive educational materials, mobile games, and toys with
mobile game features. For more information, visit the company’s website
at www.BlueHatGroup.net.
NOTE TO INVESTORS: The latest news and updates
relating to BHAT are available in the company’s newsroom at http://ibn.fm/BHAT
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