Blue Hat Interactive Entertainment Technology (BHAT) said Monday it priced a direct offering of 77,989,800 shares at $0.055 apiece for about $4.3 million in gross proceeds.
The company expects the offering to close on or about Jan. 14.
Blue Hat shares were down nearly 29% in recent trading.
Price: 0.06, Change: -0.03, Percent Change: -28.72