SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of March, 2020
Commission File Number 001-39001
Blue Hat Interactive Entertainment Technology
(Translation of registrant’s name into English)
7th Floor, Building C, No. 1010 Anling Road
Huli District, Xiamen, China 361009
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):☐
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
On March 11, 2020, Blue Hat Interactive Entertainment Technology issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
|Exhibit No.||Description of Exhibit|
|99.1||Press Release dated March 11, 2020|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
March 11, 2020
BLUE HAT INTERACTIVE
|By:||/s/ Xiaodong Chen|
|Name: Xiaodong Chen|
|Title: Chief Executive Officer and Director|
Blue Hat Announces Issuance of U.S. Patent For “Interactive System Based on Light Intensity Recognition”
XIAMEN, China, March 11, 2020 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), a producer, developer and operator of augmented reality (“AR”) interactive entertainment games, toys and educational materials in China, today announced that the United States Patent and Trademark Office has issued U.S. patent number US 10,512,836 B2, covering Blue Hat’s “Interactive System Based on Light Intensity Recognition”.
Blue Hat’s “Interactive System Based on Light Intensity Recognition” connects a physical toy with the virtual content of a mobile game, which Blue Hat believes represents a major breakthrough in the realization of AR technology. A prominent example of the potential presented by Blue Hat’s “Interactive System Based on Light Intensity Recognition” is Blue Hat’s AR Racer product, which is comprised of a toy car fixed onto a smartphone screen and designed for individuals ages 12 through 28. AR Racer has been successful in the Chinese market, and sales have continued to rise. With over four million users, AR Racer has attracted a global user base with significant player communities in China, Russia, Korea, the UK and Saudi Arabia.
“We believe that the success of our AR Racer product, which incorporates our “Interactive System Based on Light Intensity Recognition”, is testament to this technology’s popularity among consumers,” said Mr. Xiaodong Chen, Chief Executive Officer of Blue Hat. “Looking ahead, we intend to develop a wide range of products incorporating this technology to further implement our goal of creating a rich visual and interactive environment for our users, and we intend to ramp up our overseas expansion and continue discussions with distribution partners in the U.S.”
About Blue Hat
Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com.
About AR Racer
AR Racer is a car-racing mobile game played using a physical toy car that is placed onto the user's mobile device screen with non-adhesive materials. Blue Hat’s “Interactive System Based on Light Intensity Recognition” allows AR Racer’s toy car to vibrate or flash, depending on variations in light intensity within the game. This increases the game’s immersive nature and further blends the physical and virtual worlds within the play experience. For more information, please visit the Company’s investor relations website at https://ir.bluehatgroup.com/company-overview/our-products.
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 the forward-looking statements.
Blue Hat Interactive Entertainment Technology
+86 (592) 228-0010
The Foote Group
Phone: +86 187-0160-0950