Blue Hat Interactive Fails Nasdaq Bid Price Rule
Ticker: BHAT · Form: 6-K · Filed: Sep 11, 2024 · CIK: 1759136
| Field | Detail |
|---|---|
| Company | Blue Hat Interactive Entertainment Technology (BHAT) |
| Form Type | 6-K |
| Filed Date | Sep 11, 2024 |
| Risk Level | high |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting-risk, compliance, nasdaq
TL;DR
Blue Hat Interactive is at risk of being delisted from Nasdaq due to not meeting the minimum bid price.
AI Summary
Blue Hat Interactive Entertainment Technology announced on September 11, 2024, that it has received notification from Nasdaq regarding its failure to comply with the minimum bid price requirement. The company must regain compliance within a specified period to avoid delisting.
Why It Matters
Failure to meet Nasdaq's minimum bid price requirement could lead to the delisting of the company's shares, impacting liquidity and investor confidence.
Risk Assessment
Risk Level: high — The company has received a notification of non-compliance with Nasdaq's minimum bid price rule, which directly threatens its stock exchange listing.
Key Players & Entities
- Blue Hat Interactive Entertainment Technology (company) — The company filing the report and receiving the notification.
- Nasdaq (company) — The stock exchange that issued the non-compliance notification.
- September 11, 2024 (date) — The date of the press release announcing the notification.
FAQ
What specific Nasdaq rule has Blue Hat Interactive Entertainment Technology failed to comply with?
The company has failed to comply with the Nasdaq Minimum Bid Price requirement.
When was the notification of non-compliance received?
The notification was received by the company, as announced in a press release dated September 11, 2024.
What is the potential consequence of this non-compliance?
The potential consequence is delisting from the Nasdaq stock exchange.
Does the filing specify the exact period given to regain compliance?
The filing mentions that the company must regain compliance within a specified period, but the exact duration is not detailed in the provided text.
What is the company's country of incorporation?
Blue Hat Interactive Entertainment Technology is a Cayman Islands exempted company.
Filing Stats: 197 words · 1 min read · ~1 pages · Grade level 13.6 · Accepted 2024-09-11 17:01:03
Filing Documents
- e5927_6-k.htm (6-K) — 8KB
- e5927_ex99-1.htm (EX-99.1) — 8KB
- image_001.jpg (GRAPHIC) — 5KB
- 0001731122-24-001376.txt ( ) — 24KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: September 11, 2024 BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY By: /s/ Xiaodong Chen Name: Xiaodong Chen Title: Chief Executive Officer