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Stock impact report

Blue Hat Announces 1-for-10 Reverse Stock Split [TheStreet.com]

Blue Hat Interactive Entertainment Technology - Ordinary Shares (BHAT) 
Company Research Source: TheStreet.com
XIAMEN, China, May 26, 2022 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") ( ) -, a Cayman Islands company, reported that it expects to implement a 1-for-10 reverse stock split on its ordinary shares effective Friday, May 27, 2022, with trading to begin on a split-adjusted basis at the market open on that day. Trading in the ordinary shares will continue on the Nasdaq Capital Market under the symbol "BHAT". The new CUSIP number for the ordinary shares following the reverse stock split is G1329V 205. Upon the effectiveness of the reverse stock split, every 10 shares of the Company's issued and outstanding ordinary shares will automatically be converted into one issued and outstanding ordinary share. No fractional shares will be issued as a result of the reverse stock split. Instead, any fractional shares that would have resulted from the split will be rounded up to the next whole number. The reverse stock split affects all shareholders Show less Read more
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