Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) said it plans to implement a 1-for-50 reverse stock split of its ordinary shares, effective Friday, March 6, 2026.
Trading on a split-adjusted basis is set to begin at the market open on March 6. As of March 2, the company had 113,012,000 ordinary shares outstanding with a par value of $0.0000001 per share.
Under the reverse split, every 50 issued and outstanding shares will be automatically consolidated into one ordinary share with a par value of $0.000005. Fractional shares will not be issued; instead, any fractions will be rounded up to the nearest whole share.
The stock will continue to trade on the Nasdaq Capital Market under the ticker BHAT. Following the split, the ordinary shares will carry a new CUSIP number: G1329V 122.
Blue Hat said the reverse stock split will not change shareholders’ proportional ownership in the company, aside from adjustments related to the rounding of fractional shares. The move was approved by both the company’s board of directors and its shareholders.
Originally focused on augmented reality entertainment products, toys and educational materials in China, the Cayman Islands-registered company is now expanding into commodity trading.
Separately, Blue Hat recently announced a public offering of 32 million units priced at $0.20 each, aiming to raise roughly $6.4 million before expenses. Each unit consists of one ordinary share and a warrant exercisable at $0.20 per share.
The company has also established a new subsidiary, GOLDEN ALPHA STRATEGY SDN. BHD., in Penang, Malaysia as part of its expansion into the Southeast Asian gold investment market. According to the World Gold Council, Malaysia’s demand for gold bars and coins increased by more than 38% between the third quarter of 2024 and the third quarter of 2025.