Blue Hat Interactive Entertainment Shares Triple After Termination of Public Offering

By Denny Jacob

Blue Hat Interactive Entertainment Technology shares rocketed 324% to $3.20 a day after the company said it won’t proceed with its previously announced underwritten public offering.

The holding company involved in the production, development and operated of augmented reality interactive entertainment games and toys in China said Wednesday that no securities were sold pursuant to the company’s shelf registration statement on a securities filing in connection with the previously proposed offering.
The stock, which previously closed at 75 cents, had traded 105.7 million shares as of 12:09 pm ET, compared to its 65-day average volume of 262,412 shares.
Write to Denny Jacob at denny.jacob@wsj.com