Here are the 424B prospectus supplements from Blue Hat Interactive Entertainment Technology (BHAT) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow BHAT and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BHAT filings page.
Blue Hat Interactive Entertainment Technology is registering 32,000,000 Units, each Unit consisting of one Ordinary Share and one Warrant, in a firm commitment public offering at a proposed public offering price of $0.20 per Unit. Each Warrant initially has an exercise price of $0.20, is exercisable upon issuance and expires one year after issuance, and contains price-reset mechanics and a zero cash exercise option that could result in up to 128,000,000 Ordinary Shares issuable upon zero-cash exercise (147,200,000 shares if the underwriter’s 4,800,000-Unit over-allotment is exercised and all Warrants thereafter are exercised on a zero-cash basis).
The offering is underwritten on a firm commitment basis by Maxim Group LLC; estimated net proceeds are approximately $5.7 million (or $6.7 million if the over-allotment is exercised). The prospectus discloses material China-related operational and regulatory risks tied to the company's Cayman/PRC holding structure, cybersecurity and filing requirements under new PRC overseas listing rules, HFCAA inspection risk, and that the company expects no material cash proceeds from Warrant exercises due to the zero cash exercise feature.