Blue Hat Interactive Entertainment Technology Announces the Company’s Receipt of Nasdaq Delisting Notice Subject to Hearing

Rhea-AI Summary

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) received a Nasdaq determination letter notifying the company of noncompliance with the Low Priced Stocks Rule after a closing bid price of $0.10 or less for ten consecutive trading days from Feb 23, 2026 through Mar 6, 2026.

Nasdaq determined to delist the company and set a trading suspension effective at market open on Mar 16, 2026. The company has timely requested a hearing before the Nasdaq hearings panel to appeal the delisting, but the outcome is uncertain.

Positive

• Company submitted a timely hearing request to appeal Nasdaq delisting
• Previously regained compliance with minimum bid price requirement on Apr 2, 2025

Negative

• Nasdaq determined to delist securities under Listing Rule 5810(c)(3)(A)(iii)
• Securities had closing bid ≤$0.10 for 10 consecutive trading days (Feb 23–Mar 6, 2026)
• Trading suspension effective Mar 16, 2026 with Form 25-NSE to remove listing
• Subject to mandatory panel monitor through Apr 2, 2026

Market Reaction – BHAT

-40.12% $0.40

15m delay 68 alerts

-40.12% Since News

$0.40 Last Price

$0.38 $1.18 Day Range

-$70M Valuation Impact

$105M Market Cap

0.2x Rel. Volume

Following this news, BHAT has declined 40.12%, reflecting a significant negative market reaction. Our momentum scanner has triggered 68 alerts so far, indicating high trading interest and price volatility. The stock is currently trading at $0.40. This price movement has removed approximately $70M from the company's valuation.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Silver for real-time data.

Key Figures

Current price: $1.1899 Daily change: -9.09% Low-price trigger: $0.10 +5 more

8 metrics

Current price $1.1899 BHAT pre-news close

Daily change -9.09% 24h price change before delisting notice publication

Low-price trigger $0.10 Closing bid at or below this level for ten consecutive days

Consecutive days low 10 trading days Feb 23, 2026 through Mar 6, 2026 under Nasdaq Low Priced Stocks Rule

52-week high $208.5 52-week price range high before delisting notice

52-week low $1.13 52-week price range low before delisting notice

200-day MA 70.36 200-day moving average vs current price $1.1899

Appeal deadline March 16, 2026 Last date to request appeal before trading suspension

Market Reality Check

Price: $1.19 Vol: Volume 599,363 vs 20-day ...

low vol

$1.19 Last Close

Volume Volume 599,363 vs 20-day average 3,074,701 (relative volume 0.19) suggests activity was subdued ahead of this delisting notice. low

Technical Price 1.1899 is trading below the 200-day moving average of 70.36, indicating a prolonged downtrend before the notice.

Peers on Argus

BHAT fell 9.09% while sector peers were mixed (e.g., GXAI up 2.11%, MSGM down 3....

1 Up 1 Down

BHAT fell 9.09% while sector peers were mixed (e.g., GXAI up 2.11%, MSGM down 3.59%). Momentum scanner shows one peer up and one down, supporting a stock-specific reaction to the Nasdaq delisting notice rather than a sector-wide move.

Historical Context

5 past events · Latest: Mar 06 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 06	Share repurchase plan	Positive	-6.5%	Board authorized up to <b>$1M</b> in ordinary share repurchases.
Mar 04	Reverse split timing	Negative	+27.0%	Updated effective time for <b>1-for-50</b> reverse stock split.
Mar 03	Reverse split announcement	Negative	-21.9%	Announced <b>1-for-50</b> reverse split to begin split-adjusted trading.
Feb 19	Dilutive offering	Negative	-74.3%	Priced <b>32,000,000</b> Units public offering for <b>US$6.4M</b> gross.
Feb 19	Business expansion	Positive	-8.5%	Highlighted expansion of gold trading business with <b>1,700 kg</b> purchases.

Pattern Detected

Recent history shows frequent negative price reactions following capital-raising, structural actions, and business updates, even when announcements might be seen as supportive, suggesting fragile sentiment around BHAT news.

Recent Company History

Over the last month, BHAT has issued multiple structurally significant updates. A US$6.4M public offering on Feb 19, 2026 and large warrant overhang were followed by a 74.26% drop. Announcements of a 1-for-50 reverse split on Mar 3 and its timing update on Mar 4 produced volatile, opposing moves. A $1M share repurchase program on Mar 6 still saw shares down 6.45%. Today’s Nasdaq delisting notice fits into this pattern of heightened listing and capital-structure risk.

Market Pulse Summary

The stock is dropping -40.1% following this news. A negative reaction would align with the gravity o...

Analysis

The stock is dropping -40.1% following this news. A negative reaction would align with the gravity of a Nasdaq delisting determination after ten consecutive days with bids at or below $0.10. Prior events, including a dilutive US$6.4M offering and a 1-for-50 reverse split, already pressured sentiment. Investors would be weighing the uncertainty of the appeal’s outcome, potential migration to a less liquid venue, and the company’s recent history of sharp post-news drawdowns.

Key Terms

nasdaq capital market, minimum bid price requirement, form 25-nse

3 terms

nasdaq capital market regulatory

"to delist the Company’s ordinary shares from The Nasdaq Capital Market"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

minimum bid price requirement regulatory

"monitor the Company’s continued compliance with Minimum Bid Price Requirement"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

form 25-nse regulatory

"a Form 25-NSE will be filed with the Securities and Exchange Commission"

Form 25‑NSE is an official filing used to notify the stock exchange that a company’s securities are being removed from trading on that exchange, similar to handing in a key when a shop closes. Investors care because removal ends public trading on that venue, often cutting liquidity and making it harder to buy or sell shares, which can affect a stock’s price and how quickly investors can access cash or exit positions.

AI-generated analysis. Not financial advice.

XIAMEN, China, March 13, 2026 (GLOBE NEWSWIRE) -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a Cayman Islands exempted company, today announced that on March 9, 2026, the Company has received a determination letter (the “Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying that the Company is not in compliance with Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”), as the Company’s securities had a closing bid price of $0.10 or less for ten consecutive trading days from February 23, 2026 through March 6, 2026. The letter indicated that, as a result, the Nasdaq staff has determined to delist the Company’s ordinary shares from The Nasdaq Capital Market (the “Delisting Determination”).

Previously on April 2, 2025, Blue Hat regained compliance with the Nasdaq’s minimum bid price requirement. At the same time, the Company is since subject to a mandatory panel monitor for a period of one year, until April 2, 2026, to monitor the Company’s continued compliance with Minimum Bid Price Requirement, pursuant to Nasdaq Listing Rule 5815(d)(4)(B). The Letter notified that the Company’s securities had a closing bid price of $0.10 or less for ten (10) consecutive trading days since February 23, 2026. Accordingly, the Company is subject to the provisions contemplated under the Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”). As a result of this and the Panel Monitor, the Letter states that Nasdaq has determined to delist the Company’s securities from The Nasdaq Capital Market. The Company was provided until March 16, 2026 to request an appeal of the Delisting Determination to the hearing panel (the “Appeal”).

The trading of the Company’s ordinary shares will be suspended at the opening of business on March 16, 2026 (the “Suspension”), and a Form 25-NSE will be filed with the Securities and Exchange Commission (the “SEC”), which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. Timely Appeal will not stay the Suspension.

The Company has submitted a request for a hearing before the Nasdaq hearings panel as the next step in the process to seek for continued listing on The Nasdaq Capital Market. However, there can be no assurance that the Company’s Appeal can be successful, or that the Company will ultimately be able to continue its listing on The Nasdaq Capital Market.

About Blue Hat Interactive Entertainment Technology

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.

Contact Information:

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

FAQ

Why did Blue Hat (BHAT) receive a Nasdaq delisting notice on March 13, 2026?

Because the stock’s closing bid price was ≤ $0.10 for ten consecutive trading days. According to the company, this occurred from Feb 23 to Mar 6, 2026, triggering Nasdaq Listing Rule 5810(c)(3)(A)(iii).

What happens to BHAT shares after the Nasdaq delisting determination on Mar 13, 2026?

Trading will be suspended at the opening of business on Mar 16, 2026. According to the company, Form 25-NSE will be filed to remove the securities from Nasdaq listing and registration.

Can Blue Hat (BHAT) prevent delisting after receiving the Nasdaq notice?

The company can request a hearing to appeal the delisting, but success is not guaranteed. According to the company, it has timely requested a Nasdaq hearings panel hearing.

What specific Nasdaq rule did BHAT fail to meet as of March 2026?

BHAT failed to meet Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the Low Priced Stocks Rule). According to the company, the failure was due to ten consecutive days with closing bid ≤ $0.10.

When will the BHAT trading suspension and potential removal from Nasdaq take effect?

The trading suspension is scheduled for market open on Mar 16, 2026. According to the company, a Form 25-NSE will be filed which will remove the securities from Nasdaq listing and registration.

What prior compliance history did Blue Hat (BHAT) report before the March 2026 delisting notice?

Blue Hat previously regained compliance with Nasdaq’s minimum bid price requirement on Apr 2, 2025. According to the company, it was later placed under a one-year panel monitor through Apr 2, 2026.