Blue Hat to Execute 1-for-50 Reverse Stock Split on 113 Million Shares
Blue Hat will implement a 1-for-50 reverse stock split effective March 6, 2026, consolidating 113,012,000 existing ordinary shares into approximately 2.26 million shares with a new par value of $0.000005. Fractional shares will be rounded up to the next whole share, preserving each shareholder’s percentage interest.
1. Reverse Stock Split Announcement
Blue Hat’s board approved a 1-for-50 reverse stock split, set to take effect at the market open on March 6, 2026, applying the consolidation equally across all issued and outstanding ordinary shares.
2. Share Consolidation and Par Value Adjustment
The company will consolidate 113,012,000 outstanding ordinary shares into roughly 2.26 million shares and raise the par value from $0.0000001 to $0.000005 per share following the split.
3. Fractional Share Treatment
Any fractional shares resulting from the split will be rounded up to the next whole share, ensuring no shareholder receives cash for fractional interests and maintaining each holder’s proportional ownership.