Blue Hat Interactive Entertainment Technology has recently decided to adjust the implementation date of its previously scheduled share consolidation plan.
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The company's planned reverse stock split, merging 50 shares into 1, has now been officially postponed until March 9, 2026. This adjustment reflects the company's prudent assessment of the current market environment. Reverse stock splits are typically used to increase the trading price per share and meet the minimum quotation requirements of exchanges. The postponement decision provides investors with more time to understand the details of the plan and demonstrates the management's comprehensive consideration of shareholders' interests. It is worth noting that this capital structure optimization measure will maintain the merger ratio unchanged. After the equity restructuring, every 50 ordinary shares held by existing shareholders will be automatically converted into 1 new share. This move is expected to optimize the company's stock liquidity performance in the capital market and lay the foundation for long-term value enhancement.
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