Blue Hat Announces an Updated Effective Time for 1-for-50 Reverse Stock Split
Rhea-AI Summary
Blue Hat (NASDAQ: BHAT) announced a revised effective time for its 1-for-50 reverse stock split, now effective Monday, March 9, 2026, with trading on a split-adjusted basis at the market open that day. As of March 3, 2026, the company had 154,912,000 ordinary shares issued and outstanding. The new CUSIP after the split will be G1329V122. Each 50 shares will convert into one share with par value adjusted; no fractional shares will be issued and fractional results will be rounded up. The split was approved by the board and shareholders and is expected to continue trading under the symbol BHAT.
Positive
- 1-for-50 consolidation of outstanding shares into one share per 50 held
- New CUSIP G1329V122 assigned for post-split ordinary shares
- Trading to remain on Nasdaq under the symbol BHAT after the split
Negative
- Effective date postponed to March 9, 2026 from March 6, 2026
- Fractional-share rounding may slightly alter individual percentage interests
Key Figures
Market Reality Check
Peers on Argus
BHAT is down 21.87% while peers show mixed moves (e.g., MSGM up, GXAI and GIGM down). Momentum scanner flags only 2 peers, split between up and down, supporting a stock-specific move.
Previous Stock split Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Mar 03 | Reverse stock split | Negative | -21.9% | Announced 1-for-50 reverse split with new CUSIP and effective date. |
| Mar 12 | Reverse stock split | Negative | -19.7% | Announced 1-for-100 reverse split and continued Nasdaq listing. |
Past reverse stock split announcements for BHAT were followed by single-day drops near -20%, indicating consistently negative reactions to this type of action.
Over the last year, BHAT has repeatedly used reverse stock splits to restructure its share price. A 1-for-100 reverse split announced on Mar 12, 2025 and a 1-for-50 split on Mar 3, 2026 both led to single-day declines of roughly -20%. Each split kept percentage ownership broadly unchanged apart from fractional-share rounding. Today’s update simply adjusts the effective timing of the latest 1-for-50 split within this ongoing pattern.
Historical Comparison
In the past year BHAT disclosed 2 reverse stock splits tagged as 'stock split', with an average one-day move of -20.8%, showing consistently negative reactions to such actions.
BHAT moved from a 1-for-100 reverse split in 2025 to a 1-for-50 split in 2026, maintaining similar mechanics around rounding and ownership percentages.
Market Pulse Summary
This announcement updates the effective date of BHAT’s 1-for-50 reverse stock split, leaving core mechanics unchanged: 50 shares consolidate into one, no fractional shares are issued, and any fractions are rounded up. The company reports 154,912,000 ordinary shares outstanding before the split. Historically, similar reverse split announcements produced average one-day moves of -20.8%, so investors may track future filings and capital actions alongside this structural change.
Key Terms
reverse stock split financial
cusip financial
AI-generated analysis. Not financial advice.
XIAMEN, China, March 04, 2026 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a Cayman Islands exempted company, previously reported on March 3, 2026 that it expects to implement a 1-for-50 reverse stock split on its ordinary shares (the “Reverse Stock Split”) effective Friday, March 6, 2026, with trading to begin on a split-adjusted basis at the market open on that day. Such time will now be postponed to Monday, March 9, 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 3, 2026, the Company has a total of 154,912,000 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 will Blue Hat (BHAT) reverse stock split take effect?
What is the ratio of Blue Hat's (BHAT) reverse stock split and how does it work?
How many Blue Hat (BHAT) shares were outstanding before the reverse split?
Will Blue Hat (BHAT) issue fractional shares after the 1-for-50 split?
Will Blue Hat (BHAT) continue trading on Nasdaq after the reverse split?
