Blue Hat Announces 1-for-100 Reverse Stock Split
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Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) announced a 1-for-100 reverse stock split effective March 17, 2025. The company's shares will trade on a split-adjusted basis under the same symbol, BHAT.
March 12, 2025 | 8:30 pm
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Blue Hat Interactive Entertainment Technology is implementing a 1-for-100 reverse stock split, effective March 17, 2025. This action will reduce the number of shares outstanding and is often used to increase the stock price.
The reverse stock split will consolidate shares, potentially increasing the stock price per share. This is a common strategy to meet exchange listing requirements or improve the stock's market perception. However, it does not change the company's market capitalization.
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