BLUE HAT INT.E.TE.DL-,001

Blue Hat has moved the planned 1-for-50 reverse stock split from March 6 to March 9, 2026; trading on a split-adjusted basis will begin at the market open on March 9. After the split, each 50 shares will automatically be consolidated into one common share; fractional shares will be rounded up and no fractional shares will be issued. The ticker remains BHAT; the measure was approved by the board and shareholders. The stock last traded around $0.03, market capitalization about $1.94 million, P/B 0.05. » Mere på de.investing.com

The company said it will conduct a guaranteed placement of 32 million units at $0.20 each, which should generate roughly $6.4 million gross proceeds before fees. Each unit consists of one common share and an immediately exercisable warrant with an initial exercise price of $0.20, which will be adjusted to 70% and 50% on the second and fifth trading day after closing; warrant holders can also opt for a cashless exercise within one year and would then receive twice the number of shares. Closing of the offering is expected on February 23, 2026, the proceeds are to be used for working capital, and Maxim Group has a 15-day option to purchase up to 4.8 million additional units. » Mere på de.investing.com