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Blue Hat Faces Nasdaq Delisting Due to Low Stock Price

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Blue Hat Faces Nasdaq Delisting Due to Low Stock Price

Blue Hat Interactive Entertainment Technology ( (BHAT) ) has issued an announcement.

On January 28, 2025, Blue Hat Interactive Entertainment Technology announced it received a Nasdaq delisting notice due to non-compliance with the Low Priced Stocks Rule, as its securities closed at $0.10 or less for ten consecutive trading days. Despite a previous warning on September 6, 2024, regarding a different compliance issue, the company now faces potential suspension of trading on February 4, 2025, unless it requests an appeal by January 31, 2025. Blue Hat is exploring options, including a reverse stock split, to regain compliance and maintain its Nasdaq listing.

More about Blue Hat Interactive Entertainment Technology

Blue Hat Interactive Entertainment Technology, formerly a provider of communication services and AR interactive entertainment products in China, is expanding its business into commodity trading, with the aim of becoming a leading intelligent commodity trader globally.

YTD Price Performance: -59.18%

Average Trading Volume: 31,193,891

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $13.96M

Find detailed analytics on BHAT stock on TipRanks’ Stock Analysis page.

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