Blue Hat Announces 1-for-50 Reverse Stock Split

Rhea-AI Summary

Blue Hat (NASDAQ: BHAT) announced a 1-for-50 reverse stock split effective March 6, 2026, with split-adjusted trading to begin at market open that day.

As of March 2, 2026 the company had 113,012,000 ordinary shares outstanding; after the split every 50 shares will convert into one share and the new CUSIP will be G1329V122. The split was approved by the board and shareholders and will not change percentage ownerships except for fractional-share rounding.

Positive

• Outstanding shares reduced from 113,012,000 to 2,260,240
• Continued listing on Nasdaq Capital Market under symbol BHAT
• New CUSIP G1329V122 assigned after the reverse split

Negative

• Total share count consolidation may reduce market float and liquidity
• Fractional-share rounding up may slightly increase post-split shares

News Market Reaction – BHAT

-22.00%

11 alerts

-22.00% Session close to close

+2.4% Peak Tracked

-36.6% Trough Tracked

$1.44M Market Cap

0.7x Rel. Volume

In the Mar 4 session, BHAT declined 22.00%, reflecting a significant negative market reaction. Argus tracked a peak move of +2.4% during that session. Argus tracked a trough of -36.6% from its starting point during tracking. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -22.0% in the session following this news. A negative reaction despite the mechani...

Analysis

The stock dropped -22.0% in the session following this news. A negative reaction despite the mechanical nature of a reverse split fits a backdrop of prior dilution and structural changes. BHAT traded at $0.039, almost 99% below its $6.00 52-week high, before this action and previously saw a -19.74% move after a reverse split. Past financings with warrant reset features and low market cap could amplify downside pressure.

Key Figures

Current price: $0.039 Reverse split ratio: 1-for-50 Shares outstanding pre-split: 113,012,000 shares +5 more

8 metrics

Current price $0.039 Pre-announcement trading level vs. 52-week high of $6.00

Reverse split ratio 1-for-50 Ordinary shares to be consolidated effective March 6, 2026

Shares outstanding pre-split 113,012,000 shares Ordinary shares outstanding as of March 2, 2026 before split

Effective date March 6, 2026 Reverse stock split effective date, trading split-adjusted from open

Old par value $0.0000001 Par value per ordinary share before reverse split

New par value $0.000005 Par value per ordinary share after 1-for-50 reverse split

52-week high $6.00 Pre-news 52-week high vs. current price $0.039

52-week low $0.0371 Pre-news 52-week low, near current trading level

Previous Stock split Reports

1 past event · Latest: Mar 12 (Neutral)

Same Type Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
Mar 12	Reverse stock split	Neutral	-19.7%	Announced 1-for-100 reverse stock split and new CUSIP on Nasdaq.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Limited reverse-split history: the prior 1-for-100 reverse split in March 2025 coincided with a -19.74% one-day move.

Recent Company History

Over the past year, Blue Hat combined capital-structure changes and financing with a pivot toward gold-related operations. A 1-for-100 reverse split in March 2025 materially reduced share count and preceded a -19.74% move. Subsequent offerings and warrant-heavy financings, alongside gold expansion, added dilution and complexity. Today’s 1-for-50 reverse split continues that pattern of structural changes against a backdrop of an already depressed share price.

Key Terms

reverse stock split, cusip number

2 terms

reverse stock split financial

"reported that it expects to implement a 1-for-50 reverse stock split on its ordinary shares"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

cusip number financial

"The new CUSIP number for the ordinary shares following the reverse stock split is G1329V 122."

A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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XIAMEN, China, March 03, 2026 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a Cayman Islands company, reported that it expects to implement a 1-for-50 reverse stock split on its ordinary shares effective Friday, March 6, 2026, with trading to begin on a split-adjusted basis at the market open on that day. Before such reverse stock split, as of March 2, 2026, the Company has a total of 113,012,000 ordinary shares, par value $0.0000001 per share issued and outstanding. Trading in the ordinary shares will continue on the Nasdaq Capital Market under the symbol “BHAT”. The new CUSIP number for the ordinary shares following the reverse stock split is G1329V 122.

Upon the effectiveness of the reverse stock split, every 50 shares of the Company’s issued and outstanding ordinary shares, par value $0.0000001 per share will automatically be converted into one issued and outstanding ordinary share, par value $0.000005 per share. No fractional shares will be issued as a result of the reverse stock split. Instead, any fractional shares that would have resulted from the split will be rounded up to the next whole number. The reverse stock split affects all shareholders uniformly and will not alter any shareholder’s percentage interest in the Company’s outstanding ordinary shares, except for adjustments that may result from the treatment of fractional shares.

The reverse stock split at a ratio of 1-for-50 shares was approved by the Company’s board of directors and its shareholders.

About Blue Hat
Blue Hat was formerly a provider of communication services, as well as a producer, developer, and operator of AR interactive entertainment games, toys, and educational materials in China. Leveraging years of technological accumulation and unique patented technology, Blue Hat is expanding its business to commodity trading, aiming to become a leading intelligent commodity trader worldwide. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.

Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net

FAQ

When does Blue Hat (BHAT) implement the 1-for-50 reverse stock split?

The reverse split is effective March 6, 2026, with split-adjusted trading at market open that day. According to the company, the split will convert every 50 shares into one share and trading will reflect the new ratio starting that morning.

How many Blue Hat (BHAT) shares will exist after the 1-for-50 reverse split?

Post-split shares are expected to be 2,260,240 based on outstanding shares as of March 2, 2026. According to the company, the calculation uses 113,012,000 pre-split shares divided by the 50-to-1 ratio.

Will Blue Hat (BHAT) remain listed on Nasdaq after the reverse split?

Yes, trading will continue on the Nasdaq Capital Market under the symbol BHAT following the reverse split. According to the company, the listing and ticker will remain unchanged after the split.

What happens to fractional shares from Blue Hat's (BHAT) 1-for-50 reverse split?

No fractional shares will be issued; fractional amounts will be rounded up to the next whole share. According to the company, this rounding method will be applied uniformly to all shareholders.

Was the 1-for-50 reverse split for Blue Hat (BHAT) approved by shareholders?

Yes, the reverse split at a ratio of 1-for-50 was approved by the board and shareholders. According to the company, both approvals were obtained prior to setting the March 6, 2026 effective date.