Blue Hat (NASDAQ: BHAT), a leading communication services and internet data center (“IDC”) business provider and developer, and an operator of mobile games and augmented reality (“AR”) education curricula and products in China, today announced that on Dec. 16, 2021, the company received a 180-calendar-day extension from Nasdaq’s Listing Qualifications Department to meet Nasdaq’s continuing listing requirements. The company now has until June 13, 2022, to regain compliance by maintaining a minimum bid price per share of $1.00 for a minimum of 10 consecutive trading days. If at any time before June 13, 2022, the bid price of Blue Hat’s ordinary shares closes at or above $1.00 per share for a minimum of 10 consecutive trading days, the company will regain compliance with the Nasdaq Listing Rules, and the matter will be closed.
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About Blue Hat Interactive Entertainment Technology
Blue Hat is a leading communication services and internet data center (“IDC”) business provider and developer, and an operator of mobile games and augmented reality (“AR”) education curricula and products in China . Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the company’s investor relations website at https://IR.BlueHatGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to BHAT are available in the company’s newsroom at http://ibn.fm/BHAT
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