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 July 30, 2019 closing of its underwritten initial public offering (“IPO”). According to the update, the IPO consisted of 2,000,000 ordinary shares priced at $4 each, before underwriting discounts and commissions, and resulted in gross proceeds of $8,000,000 before underwriting discounts and commissions and offering expenses. Blue Hat raised the proposed deal size from 1,800,000 as reflected in the original registration statement through filing an additional statement to accommodate the upsizing. Blue Hat offered all of the ordinary shares, and the offering was conducted on a firm commitment basis.
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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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