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.
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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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