Blue Hat Interactive Entertainment Technology BHAT Archives - Page 3 of 6

ThursdayNov 19, 2020 12:52 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters Strategic Cooperation, Broadening New Product Channels

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 controlling subsidiary Xunpusen Technology Co. Ltd. has signed an agreement with China Mobile Communications Group Guangdong Co. Ltd. for a series of Telecom value-added service and Internet Data Center (“IDC”) contracts. “Blue Hat's cooperation with China Mobile has broadened new channels for our products, as we immediately began seeing greater traffic for our mobile products. In addition, we were able to provide a more flexible and efficient service and marketing…

MondayOct 19, 2020 11:50 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Deploys ‘Augmented Reality Immersive Classes’ to China-Based Kindergartens

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 agreements with six kindergartens in Xiamen to conduct "Augmented Reality Immersive Classes" (“ARIC”) for students. Xiamen, where Blue Hat is headquartered, has a population base of approximately 3.5 million. The company hopes to engage with over 50 kindergartens by the end of 2020. “We are so delighted to deploy our ARIC immersive software classes in six kindergartens in Xiamen,” BHAT CEO Xiaodong Chen said in the news release. “For…

WednesdayOct 07, 2020 10:58 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Further Strengthens Market Presence in Education Sector

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 a strategic collaboration. According to the update, Fujian Youth Hand in Hand Educational Technology Co. Ltd, a joint venture Blue Hat formed with a third party ("Fujian Youth" or the "JV") and Guangzhou Tongsheng Education Technology Ltd. ("Tongsheng Education") have reached an agreement to provide Augmented Reality Immersive Classes ("ARIC") in Guangzhou over a three-year period. The JV will partner with Tongsheng Education with a goal to launch ARIC in a total…

WednesdaySep 30, 2020 1:53 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters Updated LOI to Acquire 51% of Mobile Game Developer Csfctech

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 updated letter of intent (“LOI”). Under the terms of the LOI, BHAT will acquire the control of 51% of Fuzhou Csfctech Co. Ltd. ("Csfctech") and its two subsidiaries through the direct acquisition of 51% of the outstanding shares of its offshore holding company. Csfctech is a developer and distributor of mobile games with an international user base across Mainland China, Japan, Taiwan, the United Arab Emirates and Africa.…

WednesdaySep 23, 2020 11:28 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Achieves Direct Increase in Sales Through Live-Event Content

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 solid initial results from the direct-to-consumer (“DTC”) partnership with Xiamen Xing Meng Wei Lai Culture Media Co. LTD (" Xing Meng Wei Lai "). Xing Meng Wei Lai is a leading Chinese multi-channel network and internet content development agency that specializes in building DTC social content marketing through live streaming and short videos. After the two-month implementation period, Blue Hat held several live shows displaying its interactive software and products, attracting an…

WednesdaySep 16, 2020 11:57 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Achieves Tangible Initial Growth, Expects Continued Momentum Through Strategic Sales Program

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. ("Xun Pu Sen"), generated approximately RMB 10 million (approximately US$1.5 million) in revenue in the first month of its operation. In previous years, Blue Hat had focused on delivering its AR interactive games and toys through traditional "brick and mortar" and e-commerce sales channels. In an effort to seek additional means of engaging with potential customers, the company utilized its recently acquired subsidiary Xun Pu…

MondayAug 17, 2020 9:46 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Reports Unaudited Financial Results for First Six Months of 2020

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, on Friday released its unaudited financial results for the six months ended June 30, 2020. Among other highlights, the company reported total revenues of $4.9 million and gross profits of $3.7 million for the period. “The outbreak of COVID-19 since the beginning of 2020 has adversely impacted the global economy and our financial performance in the first half year was negatively affected as a result of the suspension of the entire industry. With daily life…

FridayJul 17, 2020 10:36 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Closes Previously Announced Private Placement

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced the July 15, 2020 closing of its previously announced sale of $3,262,000 of senior secured convertible notes in a private placement to two accredited institutional investors, together with the issuance of warrants to acquire up to 784,000 ordinary BHAT shares, for an aggregate cash purchase price of $2,800,000 (reflecting an original issue discount of $462,000). "We are pleased to announce the closing of the transaction previously announced on July 9, 2020," Xiaodong Chen,…

ThursdayJul 09, 2020 11:49 am

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters SPA with Two Accredited Institutional Investors

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced its entry into a Securities Purchase Agreement (the "SPA") with two accredited institutional investors (each a "Holder" and collectively the "Holders"). Under the SPA, the Company will sell senior secured convertible notes (the "Convertible Notes") in a private placement (the "Private Placement") to the Holders, in the aggregate principal amount of $3,262,000, together with the issuance of warrants (the "Warrants" and, together with the Convertible Notes, the "Securities") to acquire up to 784,000…

ThursdayJun 25, 2020 2:16 pm

QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Enters Strategic Partnership to Establish Short Video Live Streaming DTC Model

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced its partnership with Xiamen Xing Meng Wei Lai Culture Media Co. LTD ("Xing Meng Wei Lai") , a leading Chinese multi-channel network ("MCN") and internet content development agency, to build Direct-to-Consumer ("DTC") social content marketing channels via short videos and live streaming. "Establishing a short video live streaming DTC sales model is a milestone for Blue Hat because it not only serves to increase our brand awareness, but also to broaden our market…

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