Blue Hat Interactive Entertainment Technology BHAT Archives - Page 2 of 6

ThursdayFeb 18, 2021 12:29 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters Strategic Agreement to Provide Augmented Reality Immersive Classes

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced its entry into a three-year agreement with Zhong Ya (Shenzhen) International Education Investment Co. Ltd. ("Zhong Ya"). Under the agreement, Blue Hat will provide its Augmented Reality Immersive Classes ("ARIC") to Zhong Ya's 680 kindergartens located in Guangdong Province. Blue Hat will also develop for Zhong Ya an overall kindergarten curriculum and technology platform with a focus on STEAM (Science, Technology, Engineering, Art and Mathematics), taking into account social and emotional, communication…

ThursdayFeb 04, 2021 11:01 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Secures $7.59M in Registered Direct Offering

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that it has closed a registered direct offering with two institutional investors for the purchase and sale of 7,160,000 of its ordinary shares. Blue Hat secured gross proceeds of $7,589,600, before deducting the placement agent's fees and other estimated offering expenses, with each of the shares sold at a price of $1.06. The company also issued to the investors unregistered warrants to purchase up to 3,580,000 ordinary shares in a concurrent private…

MondayFeb 01, 2021 1:42 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces $7.59 Million Registered Direct Offering

Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China , has entered into a securities purchase agreement with two institutional investors. The agreement outlines the purchase and sale of more than 7 million of its ordinary shares. The registered direct offering shares were offered at a price of $1.06 per share and resulted in total gross proceeds of $7,589,600, before fees and other estimated offering expenses are deducted. In addition, BHAT agreed to issue to the investors unregistered warrants to purchase up to 3,580,000 ordinary shares in a concurrent private placement;…

FridayJan 29, 2021 10:05 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces Preliminary Q4 2020 Financial Results

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced preliminary unaudited financial results for the fourth quarter ended Dec. 31, 2020. According to the update, the company’s total revenues increased more than 70% to approximately US$20 million, compared to US$11.8 million in the prior-year period. "We are pleased with the top-line growth achieved during the 2020 fourth quarter. This was primarily driven by revenues from our strategic acquisition of Xunpusen, which has set a strong foundation for us to be able…

ThursdayJan 28, 2021 12:35 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Closes on Fuzhou Csfctech Acquisition, Regains Compliance with Nasdaq Bid Price Requirements

Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, announced that it has closed on the acquisition of 51% of Fuzhou Csfctech Co. Ltd.; included in the acquisition is Fuzhou’s two subsidiaries. BHAT announced in December 2020 that it had signed a definitive agreement to acquire the company with a total transaction value of RMB51.2 Million ($7.7 million) paid through a combination of cash plus newly issued shares of Blue Hat's ordinary shares. Csfctech develops and distributes mobile games with a portfolio of more than 100 games available on…

TuesdayJan 19, 2021 12:01 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Inks Multi-Year Licensing Agreement to Use WUHUANGWANSHUI Intellectual Property

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, today announced that it has signed a three-year licensing agreement with Cup of Cosmo Studio (Beijing) Culture Co., Ltd. The agreement enables BHAT to use Cup of Cosmo Studio’s WUHUANGWANSHUI intellectual property ("IP") on social media, toys and marketing materials, effective January 1, 2021. WUHUANGWANSHUI is an original Chinese cartoon and consisting of an image brand set of a cat (Wu Huang) and a dog (Ba Zahey). The brand is easily recognized in Chinese pop…

MondayJan 04, 2021 1:14 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Issues Development Update on Its Operating Subsidiary, Xunpusen

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that its subsidiary, Xunpusen Technology Co. Ltd., generated approximately RMB30 million (approximately USD $4.5 million) in revenue in the first four months of operation. According to the update, the company has continued to develop and utilize Xunpusen's mobile marketing and hosting expertise to both support and grow Blue Hat's traditional mobile and gaming business while seeking new channels to expand its customer base and leverage relationships. "We are very pleased with the…

WednesdayDec 16, 2020 1:54 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) New Acquisition Developing New Games, Planning 2021 Global Launches

Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, has announced that Fuzhou Csfctech Co. Ltd. (Csfctech), a company it is in the process of acquiring a 51% interest in, is testing new gaming products. Csfctech is targeting overseas markets for the five new products it is developing. The five new games include Qule King of Fishing War, a competitive fish-catching game with multiple players; Qule Battle the Landlord, a music selection puzzle game; MOMO Remove, a brain teaser game; MOMO Link, a game of puzzle…

TuesdayDec 01, 2020 1:32 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) to Acquire Mobile Game Developer Fuzhou Csfctech

Blue Hat Interactive (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, has signed a definitive agreement for the acquisition of 51% of Fuzhou Csfctech Co. Ltd. The agreement also includes Csfctech’s two subsidiaries. A developer and distributor of mobile games in China, Csfctech offers more than 100 games on several platforms. The company has an operation center in mainland China and an international user base across mainland China, Japan, Taiwan, the United Arab Emirates and Africa. The acquisition is expected to close by the end of the year. "This is a milestone agreement for…

TuesdayNov 24, 2020 2:08 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Begins Strategic Greater Bay Area Expansion

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced its entry into an agreement with three preschools (the First and Fourth Preschools and the Children's Center) of Guangzhou Development District Talent Work Group of Augmented Reality Immersive Classes (“ARIC”). According to the update, the move marks the beginning of Blue Hat's strategic expansion in the Guangdong -Hong Kong-Macao Greater Bay Area (the “Greater Bay Area”). “I am pleased with Blue Hat's cooperation with three preschools in Guangzhou. At present, we have…

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