XIAMEN, China, March 13, 2026 — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a Cayman Islands exempted company, today disclosed that on March 9, 2026, it received a determination letter (the “Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) informing it that it fails to comply with Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”), as its securities had a closing bid price of $0.10 or lower for ten consecutive trading days from February 23, 2026 to March 6, 2026. The Letter stated that, as a result, Nasdaq staff has decided to delist the Company’s ordinary shares from The Nasdaq Capital Market (the “Delisting Determination”).
Earlier, on April 2, 2025, Blue Hat reestablished compliance with Nasdaq’s minimum bid price requirement. At that time, pursuant to Nasdaq Listing Rule 5815(d)(4)(B), the Company became subject to a mandatory panel monitor for a one-year period ending April 2, 2026, to oversee its ongoing adherence to the Minimum Bid Price Requirement. The Letter advised that since February 23, 2026, the Company’s securities have had a closing bid price of $0.10 or less for ten (10) consecutive trading days. Accordingly, the Company falls under the provisions of Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”). Due to this and the Panel Monitor, the Letter notes that Nasdaq has resolved to delist the Company’s securities from The Nasdaq Capital Market. The Company was given until March 16, 2026 to request an appeal of the Delisting Determination to the hearing panel (the “Appeal”).
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. A timely Appeal will not pause the Suspension.
The Company has submitted a request for a hearing before the Nasdaq hearings panel as the next step in the process to pursue continued listing on The Nasdaq Capital Market. However, there is no guarantee that the Company’s Appeal will be successful, or that it will ultimately be able to maintain its listing on The Nasdaq Capital Market.
About Blue Hat Interactive Entertainment Technology
Blue Hat previously provided communication services and was a producer, developer, and operator of AR interactive entertainment games, toys, and educational materials in China. Leveraging years of technological expertise and unique patented technology, Blue Hat is expanding its business into commodity trading, with the goal of becoming a leading global intelligent commodity trader. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com. The Company regularly posts important information on its website.
Forward-Looking Statements
This release contains forward-looking statements as defined by Section 27A of the Securities Act of 1933 (amended) and Section 21E of the Securities Exchange Act of 1934 (amended). All forward-looking statements are inherently uncertain, as they are based on current expectations and assumptions about future events or the Company’s future performance. Readers are cautioned not to place undue reliance on these forward-looking statements, which are merely predictions and apply only as of the date of this release. When evaluating these statements, prospective investors should carefully review the various risks and uncertainties identified in this release and 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