Blue Hat Interactive Enters Tail Fee Payment Agreement
Ticker: BHAT · Form: 6-K · Filed: Jan 31, 2025 · CIK: 1759136
| Field | Detail |
|---|---|
| Company | Blue Hat Interactive Entertainment Technology (BHAT) |
| Form Type | 6-K |
| Filed Date | Jan 31, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $33,876,967, $0.01, $0.1365 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, subsidiary
TL;DR
Blue Hat subsidiary inked a tail fee deal on Jan 27, 2025. Details TBD.
AI Summary
On January 27, 2025, Blue Hat Interactive Entertainment Technology's wholly owned subsidiary, Golden Alpha Strategy Limited, entered into a tail fee payment agreement. The filing does not specify the counterparty or the financial terms of this agreement.
Why It Matters
This filing indicates a new financial arrangement for Blue Hat Interactive's subsidiary, which could impact its future cash flows and operational flexibility.
Risk Assessment
Risk Level: medium — The lack of specific details regarding the agreement, including the counterparty and financial terms, introduces uncertainty.
Key Players & Entities
- Blue Hat Interactive Entertainment Technology (company) — Registrant
- Golden Alpha Strategy Limited (company) — Wholly owned subsidiary of Blue Hat Interactive
- January 27, 2025 (date) — Date of agreement
FAQ
What is the purpose of the tail fee payment agreement?
The filing does not specify the purpose of the tail fee payment agreement.
Who is the counterparty to the tail fee payment agreement entered into by Golden Alpha Strategy Limited?
The filing does not disclose the identity of the counterparty to the agreement.
What are the financial terms or amounts associated with the tail fee payment agreement?
The filing does not provide any details on the financial terms or amounts of the agreement.
When was the tail fee payment agreement entered into?
The tail fee payment agreement was entered into on January 27, 2025.
Is Golden Alpha Strategy Limited a wholly owned subsidiary of Blue Hat Interactive Entertainment Technology?
Yes, the filing states that Golden Alpha Strategy Limited is a wholly owned subsidiary of Blue Hat Interactive Entertainment Technology.
Filing Stats: 799 words · 3 min read · ~3 pages · Grade level 15.5 · Accepted 2025-01-31 08:30:31
Key Financial Figures
- $33,876,967 — shall pay off the remaining balance of $33,876,967 in connection with that certain sales a
- $0.01 — dinary shares of the Company, par value $0.01 per share (the “Ordinary Shares&r
- $0.1365 — ry Shares in the past 30 days, which is $0.1365 per share, to the designees of the Sell
Filing Documents
- e6325_6k.htm (6-K) — 15KB
- 0001731122-25-000142.txt ( ) — 16KB
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 31, 2025 BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY By: /s/ Xiaodong Chen Name: Xiaodong Chen Title: Chief Executive Officer