Blue Hat faces Nasdaq delisting after $0.10 bid breach
Blue Hat Interactive Entertainment Technology reports that Nasdaq has determined to delist its ordinary shares from The Nasdaq Capital Market under the Low Priced Stocks Rule.
Rhea-AI Filing Summary
Blue Hat Interactive Entertainment Technology reports that Nasdaq has determined to delist its ordinary shares from The Nasdaq Capital Market under the Low Priced Stocks Rule. The decision follows the Company’s securities having a closing bid price of $0.10 or less for ten consecutive trading days from February 23, 2026 through March 6, 2026.
Nasdaq plans to suspend trading in Blue Hat’s shares at the opening of business on March 16, 2026, and a Form 25-NSE will be filed to remove the securities from listing and registration on Nasdaq. Blue Hat has requested a hearing before a Nasdaq panel to appeal the delisting determination, but a timely appeal will not stay the trading suspension, and there is no assurance the appeal will succeed.
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- Nasdaq delisting determination and trading suspension: Nasdaq has determined to delist Blue Hat’s ordinary shares under the Low Priced Stocks Rule after the bid price stayed at or below $0.10 for ten consecutive trading days, with trading set to be suspended on March 16, 2026 and future listing status uncertain.
Insights
Nasdaq has moved to delist Blue Hat after its share price stayed at or below $0.10 for ten days.
Nasdaq determined Blue Hat is not in compliance with Listing Rule 5810(c)(3)(A)(iii) because its securities closed at $0.10 or less for ten consecutive trading days ending March 6, 2026. This triggered a delisting determination for its ordinary shares on The Nasdaq Capital Market.
Trading is scheduled to be suspended at the opening on March 16, 2026, with a Form 25-NSE to remove the securities from Nasdaq listing and registration. Blue Hat has requested a hearing to appeal, but the appeal does not halt the suspension, and the outcome is explicitly uncertain in the Company’s statement.
FAQ
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Why did Nasdaq issue a delisting notice to Blue Hat Interactive Entertainment Technology (BHAT)?
Has Blue Hat Interactive Entertainment Technology (BHAT) appealed the Nasdaq delisting determination?
Was Blue Hat (BHAT) previously in compliance with Nasdaq’s minimum bid price requirement?
What business is Blue Hat Interactive Entertainment Technology (BHAT) focusing on now?
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UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of March 2026
Commission File Number: 001-39001
Blue Hat Interactive Entertainment Technology
(Translation of Registrant’s name into English)
7th Floor, Building C, No. 1010 Anling Road
Huli District, Xiamen, China 361009
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Blue Hat Interactive Entertainment Technology, a Cayman Islands exempted company (the “Company”), furnishes under the cover of Form 6-K the following:
Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release dated March 13, 2026, announcing the Company’s Receipt of Nasdaq Delisting Notice Subject to Hearing |
1
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 13, 2026
|
Blue Hat Interactive Entertainment Technology |
||
| By: | /s/ Xiaodong Chen | |
| Name: | Xiaodong Chen | |
| Title: |
Chief Executive Officer (Principal Executive Officer) |
|
2
EXHIBIT 99.1
Blue Hat Interactive Entertainment Technology Announces
the Company’s Receipt of Nasdaq Delisting
Notice Subject to Hearing
Xiamen, China – March 13, 2026: 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