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 pricing of its underwritten initial public offering (“IPO”) of 2,000,000 ordinary shares at a public offering price of $4 per share, before underwriting discounts and commissions. .According to the update, total expected gross proceeds are $8,000,000, before underwriting discounts, commissions and offering expenses. Blue Hat filed an additional registration statement to accommodate the upsizing from the originally proposed deal size of 1,800,000 shares. The offering is being conducted on a firm commitment basis, with all of the ordinary shares being offered by Blue Hat, and is expected to close July 30, 2019, subject to customary conditions.
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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
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