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Blue Hat Approves Major Share Capital Restructuring

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Blue Hat Approves Major Share Capital Restructuring

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Blue Hat Interactive Entertainment Technology ( (BHAT) ) just unveiled an update.

On February 28, 2025, Blue Hat Interactive Entertainment Technology held an Extraordinary General Meeting of Shareholders where two significant proposals were approved. The first proposal was to increase the company’s authorized share capital from $5 million to $500 million by creating an additional 49.5 billion ordinary shares. The second proposal involved a share consolidation, allowing the board to decide on a 50-1 or 100-1 ratio, aimed at optimizing the company’s capital structure. These changes are expected to impact the company’s financial flexibility and market positioning.

More about Blue Hat Interactive Entertainment Technology

Blue Hat Interactive Entertainment Technology is a Cayman Islands company operating in the interactive entertainment industry. The company is known for its development and distribution of augmented reality and interactive entertainment products, primarily focusing on the Chinese market.

YTD Price Performance: -74.00%

Average Trading Volume: 103,540,271

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $9.88M

Learn more about BHAT stock on TipRanks’ Stock Analysis page.

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