Blue Hat Interactive (BHAT) Stock: Why It Surged Over 65% Today

By Amit Chowdhry ● Jun 23, 2022
  • The stock price of Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) surged by over 65% pre-market today. This is why.

The stock price of Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) – a producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China – surged by over 65% pre-market today. Investors responded positively to Blue Hat Interactive Entertainment Technology announcing that it has determined not to proceed with the previously announced underwritten public offering of its ordinary shares and pre-funded warrants. 

No securities were sold pursuant to the company’s shelf registration statement on Form F-3 (No. 333-249056) in connection with such a previously proposed offering.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.