XIAMEN, China, March 12, 2025 — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a Cayman Islands-based entity, announced its plan to implement a 1-for-100 reverse stock split of its ordinary shares, set to take effect on Monday, March 17, 2025. Trading will commence on a split-adjusted basis at the opening of the market on that day. As of now, the Company has 493,820,989 ordinary shares issued and outstanding. The ordinary shares will continue to be traded on the Nasdaq Capital Market under the ticker symbol “BHAT”. Following the reverse stock split, the new CUSIP number for the ordinary shares will be G1329V 114.

With the reverse stock split taking effect, every 100 shares of the Company’s issued and outstanding ordinary shares, with a par value of $0.01 per share, will be automatically converted into one issued and outstanding ordinary share, with a par value of $1 per share. No fractional shares will be issued as a result of the reverse stock split. Instead, any fractional shares resulting from the split will be rounded up to the nearest whole number. The reverse stock split will uniformly affect all shareholders and will not change any shareholder’s percentage ownership in the Company’s outstanding ordinary shares, except for potential adjustments resulting from the treatment of fractional shares.

The Company’s board of directors and its shareholders have approved the reverse stock split at a ratio of 1-for-100 shares.

About Blue Hat
Blue Hat formerly provided communication services and produced, developed, and operated AR interactive entertainment games, toys, and educational materials in China. Building on years of technological experience and unique patented technology, Blue Hat is expanding into commodity trading, with the goal of becoming a leading intelligent commodity trader worldwide. More information is available on the Company’s investor relations website at http://ir.bluehatgroup.com, where the Company regularly posts important information.

Forward-Looking Statements
This release includes forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Due to their reliance on current expectations and assumptions regarding future events or the Company’s future performance, all forward-looking statements are inherently uncertain. Readers are urged not to place undue reliance on these forward-looking statements, which are only predictions and are accurate only as of the date of this release. When evaluating these statements, prospective investors should carefully consider the various risks and uncertainties described in this release and in the Company’s SEC filings. These risks and uncertainties may cause the Company’s actual results to be materially different from those projected in the forward-looking statements.

Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
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