Blue Hat Interactive Entertainment Technology (BHAT) shares slipped nearly 21% in recent Wednesday trading after it said it priced a registered direct offering of about 56 million ordinary shares at $0.07 per share.
The estimated gross proceeds from the offering, which is expected to close on or about Friday, are about $3.9 million, the company said.
Price: 0.09, Change: -0.02, Percent Change: -20.87
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