Blue Hat Interactive Entertainment Technology Enters Securities Purchase Agreements
Ticker: BHAT · Form: 6-K · Filed: Jan 7, 2025 · CIK: 1759136
| Field | Detail |
|---|---|
| Company | Blue Hat Interactive Entertainment Technology (BHAT) |
| Form Type | 6-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $0.08, $4.4 million, $50,000, $4.4 Million |
| Sentiment | neutral |
Sentiment: neutral
Topics: securities-offering, financing, material-definitive-agreement
TL;DR
Blue Hat just signed new deals to sell securities, details TBD.
AI Summary
On January 5, 2025, Blue Hat Interactive Entertainment Technology entered into several securities purchase agreements. These agreements involve the issuance of convertible promissory notes and warrants to purchase ordinary shares. The filing does not disclose the specific dollar amounts or the names of the purchasers involved in these agreements.
Why It Matters
This filing indicates the company is raising capital through the sale of securities, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The company is issuing new securities, which can dilute existing shareholders and the lack of specific financial details in this filing introduces uncertainty.
Key Players & Entities
- Blue Hat Interactive Entertainment Technology (company) — Registrant
- January 5, 2025 (date) — Date of Purchase Agreements
FAQ
What type of securities were sold under the Purchase Agreements?
The filing states that convertible promissory notes and warrants to purchase ordinary shares were issued.
Who are the purchasers in these securities purchase agreements?
The filing refers to 'several institutional investors' but does not name them.
What is the principal executive office address of Blue Hat Interactive Entertainment Technology?
The principal executive office is located at 7th Floor, Building C, No. 1010 Anling Road, Huli District, Xiamen, China, 361009.
Is Blue Hat Interactive Entertainment Technology required to file Form 20-F or Form 40-F?
The company indicates it files annual reports under cover of Form 20-F.
What is the filing date and period of report for this 6-K filing?
The filing was made on January 7, 2025, and the period of report is January 2025.
Filing Stats: 1,279 words · 5 min read · ~4 pages · Grade level 16.1 · Accepted 2025-01-07 16:06:17
Key Financial Figures
- $0.01 — hares”) of the Company, par value $0.01 per share (the “Ordinary Shares&r
- $0.08 — Shares”), at a purchase price of $0.08 per share. The Registered Direct Offer
- $4.4 million — 025. The Company received approximately $4.4 million in gross proceeds from the Registered D
- $50,000 — ect Offering in an amount not to exceed $50,000. Furthermore, the Placement Agent was g
- $4.4 Million — ed “Blue Hat Announces Pricing of $4.4 Million Registered Direct Offering” is fu
Filing Documents
- e6263_6k.htm (6-K) — 23KB
- e6263_ex5-1.htm (EX-5.1) — 28KB
- e6263_ex10-1.htm (EX-10.1) — 82KB
- e6263_ex10-2.htm (EX-10.2) — 203KB
- e6263_ex99-1.htm (EX-99.1) — 6KB
- image_001.gif (GRAPHIC) — 3KB
- 0001731122-25-000031.txt ( ) — 347KB
Forward Looking Statements
Forward Looking Statements This communication contains forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward looking statements generally relate to future events or the Company’s future financial or operating performance. In some cases, you can identify forward looking statements because they contain words such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “going to,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these words or other similar terms or expressions that concern the Company’s expectations, strategy, priorities, plans or intentions. Forward-looking statements in this communication include, but are not limited to, the potential closing of the transaction described in this communication, the timing of such closing, the potential use of the proceeds, and the growth prospects of the Company. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. The forward looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission (“SEC”), including in the Company’s Form
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: January 7, 2025 BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY By: /s/ Xiaodong Chen Name: Xiaodong Chen Title: Chief Executive Officer