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Blue hat slips 17% PM on announcing 1-for-10 reverse stock split

  • Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) to implement a 1-for-10 reverse stock split on its ordinary shares effective Friday, May 27, 2022.
  • As a result, every 10 shares of the Company’s issued and outstanding ordinary shares will automatically be converted into one issued and outstanding ordinary share.
  • Any fractional shares that would have resulted from the split will be rounded up to the next whole number. 
  • Shares -17% PM

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