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 issuance and sale of
an additional 141,114 ordinary shares, each priced at $4, before underwriting
discounts and commissions, per the exercise of the underwriter’s over-allotment
option in connection with its previously announced underwritten initial public
offering (“IPO”). According to the update, the exercise resulted in gross
proceeds of $564,456, before underwriting discounts and commissions and
offering expenses. Blue Hat sold a total number of 2,141,114 ordinary shares in
the IPO with exercise of the underwriter’s over-allotment option, resulting in
gross proceeds of $8,564,456 before underwriting discounts and commissions and
offering expenses.
To view the full press release, visit http://ibn.fm/lwXW2
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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