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
Market Reaction – BHAT
Following this news, BHAT has declined 19.47%, reflecting a significant negative market reaction. Our momentum scanner has triggered 11 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $0.03. This price movement has removed approximately $335K from the company's valuation.
Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.
Key Figures
Market Reality Check
Peers on Argus
BHAT was down 21.21% while peers showed mixed moves (e.g., GXAI +7.55%, TBH -13.41%, GIGM +1.95%), pointing to stock-specific dynamics rather than a sector-wide move.
Previous Stock split Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 12 | Reverse stock split | Neutral | -19.7% | Announced 1-for-100 reverse stock split and new CUSIP on Nasdaq. |
Limited reverse-split history: the prior 1-for-100 reverse split in March 2025 coincided with a -19.74% one-day move.
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.
Historical Comparison
In the last 12 months, BHAT issued one reverse split update tagged “stock split,” which saw a -19.74% move, framing today’s 1-for-50 action within a recurring share-structure reset pattern.
Across 2025–2026, Blue Hat has implemented multiple reverse stock splits, repeatedly consolidating its ordinary share count while maintaining Nasdaq Capital Market listing.
Market Pulse Summary
The stock is dropping -19.5% 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 Terms
reverse stock split financial
cusip number financial
AI-generated analysis. Not financial advice.
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
Upon the effectiveness of the reverse stock split, every 50 shares of the Company’s issued and outstanding ordinary shares, par value
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?
How many Blue Hat (BHAT) shares will exist after the 1-for-50 reverse split?
Will Blue Hat (BHAT) remain listed on Nasdaq after the reverse split?
What happens to fractional shares from Blue Hat's (BHAT) 1-for-50 reverse split?
Was the 1-for-50 reverse split for Blue Hat (BHAT) approved by shareholders?
