QualityStocksNewsBreaks – Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Announces Issuance, Sale of Additional Shares Per Exercise of Underwriter’s Over-Allotment Option in IPO
Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a producer, developer and operator of popular augmented reality interactive entertainment games and toys in China, today announced the issuance and sale of an additional 141,114 ordinary shares, each priced at $4, before underwriting discounts and commissions, per the exercise of the underwriter’s over-allotment option in connection with its previously announced underwritten initial public offering (“IPO”). According to the update, the exercise resulted in gross proceeds of $564,456, before underwriting discounts and commissions and offering expenses. Blue Hat sold a total number of 2,141,114 ordinary shares in the IPO with exercise of the…