Blue Hat Interactive Entertainment Technology (BHAT) has released an update.
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Blue Hat Interactive Entertainment Technology has been notified by Nasdaq of non-compliance with the minimum bid price rule, as its shares fell below the required $1.00 threshold for over 30 consecutive days. The company has been given a 180-day period to rectify the bid price deficiency and maintain its listing on the Nasdaq Capital Market. Blue Hat, which now focuses on commodity trading after its history in AR entertainment and communication services, is considering options to regain compliance should its stock not meet the Nasdaq’s standards within the allotted time.
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