XIAMEN, China, April 07, 2025 — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a company based in the Cayman Islands, announced today that it received a letter (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) on April 2, 2025, confirming its compliance with the Nasdaq Capital Market’s minimum bid price requirement, effectively closing the matter.

Previously, on September 6, 2024, the Company was informed by Nasdaq that its listed securities’ bid price had fallen below $1.00 per share for 30 consecutive business days, thus violating Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Blue Hat had until March 5, 2025, to regain compliance. However, on January 24, 2025, the Company received a delisting notice (the “Delisting Determination”) because its securities’ closing bid price was $0.10 or less for ten consecutive trading days, prematurely ending the compliance period. The Company appealed the Delisting Determination and was granted an extension until March 31, 2025, to rectify the price deficiency.

The Letter stated that, as of March 28, 2025, Blue Hat had maintained a closing bid price of its ordinary shares at or above the $1.00 minimum requirement for the preceding 10 consecutive trading days. As a result, Blue Hat has successfully regained compliance with the Nasdaq Minimum Bid Price Requirement.

The Company will be under mandatory monitoring by a panel for one year from the Letter’s date, until April 2, 2026, to ensure continued compliance with the Minimum Bid Price Requirement, as per Nasdaq Listing Rule 5815(d)(4)(B). Should the Company fail to meet the Minimum Bid Price Requirement for 30 consecutive trading days, it will not be allowed to submit a compliance plan to the Staff, nor will the Staff grant additional time to regain compliance. A delisting determination letter will be issued, and the Company will have the opportunity for a new hearing with the original panel or a newly formed hearings panel if the original is unavailable.

About Blue Hat

Blue Hat formerly offered communication services and developed and operated AR interactive entertainment games, toys, and educational materials in China. Building on its technological foundation and patented technology, Blue Hat is expanding into commodity trading, aiming to become a leading global intelligent commodity trader. For more information, visit the Company’s investor relations website at http://ir.bluehatgroup.com, where important information is regularly posted.

Forward-Looking Statements

This release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are inherently uncertain and based on current expectations and assumptions about future events or performance. Readers should not rely excessively on these forward-looking statements, which are predictions valid only as of this date. Investors should carefully review the risks and uncertainties described in this release and in the Company’s SEC filings, as these factors could significantly affect the Company’s actual results.

Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86(592)228-0010
Email: ir@bluehatgroup.net

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