Blue Hat Interactive Entertainment Technologies Announces Plan to Acquire GTC Multi Trading DMCC
2024年5月22日 - 9:30PM
Blue Hat Interactive Entertainment Technology (“Blue Hat”
or the “Company”) (NASDAQ: BHAT) today announced that it
has entered into a Letter of Intent (the “LOI”) to acquire GTC
Multi Trading DMCC ("GTCM"), a financial technology company
registered in the United Arab Emirates. According to the LOI, BHAT
plans to acquire, through multiple rounds, an aggregate of 60% of
the shares of GTCM through the issuance of ordinary shares. The
transaction represents a significant milestone for BHAT in the
global fintech sector, especially in the innovative realm of
artificial intelligence (AI)-assisted trading of gold and other
precious metals and financial derivatives.
Mr. Chen Xiaodong, Chief Executive Officer of
BHAT, commented, "This partnership signifies a pivotal shift in our
company's strategy towards the fintech sector and represents a
significant milestone in our integration of AI technology
innovation with financial services. The acquisition of GTCM marks
the initial phase of our collaboration following the framework
cooperation agreement with GTC Group LLC. We remain committed to
further exploring AI applications in the financial industry,
propelling our services and products towards an AI-driven
future."
Mr. Zheng, the founder of GTCM, shared his
positive outlook on the partnership, stating, "We are thrilled to
embark on this significant partnership with BHAT. This
collaboration will empower us to leverage the full potential of AI
technology, achieving breakthroughs not only in financial
transactions but also in customer service and product innovation.
We look forward to working together with BHAT to develop a new era
of AI-driven fintech solutions through this partnership."
The partnership is anticipated to yield a
significant breakthrough for BHAT in AI-driven financial services,
paving the way for innovative service models and fostering growth
potential within the fintech industry.
About Blue Hat
Blue Hat was formerly a provider of
communication services and IDC business, as well as a producer,
developer, and operator of AR interactive entertainment games,
toys, and educational materials in China. Leveraging years of
technological accumulation and unique patented technology, Blue Hat
is expanding its business to commodity trading, aiming to become a
leading intelligent commodity trader worldwide. For more
information, please visit the Company’s investor relations website
at http://ir.bluehatgroup.com. The Company routinely provides
important information on its website.
Forward-Looking Statements
This release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. All forward-looking statements are inherently uncertain as
they are based on current expectations and assumptions concerning
future events or future performance of the Company. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the
date hereof. In evaluating such statements, prospective investors
should review carefully various risks and uncertainties identified
in this release and matters set in the Company’s SEC filings. These
risks and uncertainties could cause the Company’s actual results to
differ materially from those indicated in its forward-looking
statements.
Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net
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