Blue Hat Interactive Entertainment Technology Announces Signing of Non-Binding Letter of Intent to Acquire a Controlling Equity Interest in Fuzhou Csfctech Co., Ltd.
Blue Hat Interactive Entertainment Technology - Ordinary Shares (BHAT)
Company Research
Source: PR Newswire
XIAMEN, China, Dec. 6, 2019 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that it has signed a non-binding letter of intent to acquire a controlling equity interest in Fuzhou Csfctech Co., Ltd. ("Csfctech"), a developer and distributor of mobile games in China with an international user base across Mainland China, Japan, Taiwan, the United Arab Emirates and Africa, subject to customary conditions. There is no assurance that the proposed transaction will be consummated.Blue Hat expects the proposed transaction would strengthen its product offerings by integrating Csfctech's research and development capabilities as well as Csfctech's strong gaming operations and distribution platforms, which currently include over 100 games. Csfctech's current product pipeline includes esport
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Sec Filings
- 1/29/24 - Form EFFECT
- 1/19/24 - Form F-3/A
- 12/29/23 - Form F-3/A
- BHAT's page on the SEC website