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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2023
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 ☐
Appointment of Mr. Weicheng Pan
Effective May 10, 2023, Blue Hat Interactive Entertainment Technology, a Cayman Islands exempted company (the “Company”) appointed Mr. Weicheng Pan as Chief Strategy Officer of the Company.
Mr. Weicheng Pan, aged 47, is the founder of Cheng Ji Group of Companies and Jewish Mindset Business School. He has experience in business investment and consultation. From August 2018 to September 2018, Mr. Pan worked as the general consultant of Sen Yue Holdings Limited, a Singapore company, for an investment worthy around US$0.9 million. Starting from November 2019, Mr, Pan has been the independent director of TD Holdings Inc. (Nasdaq ticker: GLG). From October 1, 2020 to January 6, 2022, he had been the Chief Strategy Officer of Future Fintech Group Inc. (Nasdaq ticker: FTFT). He holds a Bachelor’s Degree in Business Administration from Wuhan Science and Technology University.
Mr. Pan shall receive an annual salary in the amount of US$20,000, and contingent annual cash or equity bonus at the sole discretion of the Board. The employment with Mr. Pan has a term of one year and is subject to renewal upon mutual agreement.
There are no family relationships between Mr. Pan and any director or other executive officer of the Company. There are no transactions between Mr. Pan or any member of his immediate families and the Company or any of its subsidiaries that would be reportable as a related party transaction under the rules of the Securities and Exchange Commission. Further, there is no arrangement or understanding between Mr. Pan and any other persons or entities pursuant to which Mr. Pan was appointed as Chief Strategy Officer of the Company.
On May 15, 2023, the Company issued a press release announcing such appointment. A press release of the Company is furnished to this Report on Form 6-K as Exhibit 99.1.
Exhibit.
SIGNATURES
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.
Date: May 15, 2023
| BLUE HAT INTERACTIVE ENTERTAINMENT TECHNOLOGY | ||
| By: | /s/ Xiaodong Chen | |
| Name: Xiaodong Chen | ||
| Title: Chief Executive Officer | ||
EXHIBIT 10.1
EXHIBIT 99-1
Blue Hat Announces Appointment of Mr. Weicheng Pan as Chief Strategy Officer
Xiamen – May 15, 2023: Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT) announced that Blue Hat has appointed Mr. Weicheng Pan as Chief Strategy Officer, effective May 10, 2023.
Management Commentary
Xiaodong Chen, CEO of the Company, said: “Mr. Pan is a well-known entrepreneur in corporate strategic planning and an investor with the wisdom and insight of “Midas Touch” in Greater Bay Area and Southeast Asia. He served as an executive of many well-known listed companies with outstanding performance, and is widely recognized in the industry. I believe Mr. Pan’s joining will facilitate Blue Hat’s strategic transformation and asset improvement.”
Mr. Weicheng Pan will lead Blue Hat in pursuing potential opportunities in mergers and acquisitions, investment and financing (including but not limited to gold and jewelry trade, commodity trading business, and technology and service innovation projects).
Ms. Deanna Liu will be responsible with investment relationship of the Company.
About Blue Hat
Blue Hat is a leading communication services and IDC business provider and a producer, developer and operator of AR interactive entertainment games, toys and educational materials in China. 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. 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, including its Annual Report on Form 20-F. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.
For more information, please contact Investor Relations:
Blue Hat Interactive Entertainment Technology
Ms. Deanna Liu
Phone: +86-139-2845-1705
Email: deannaliu@bluehatgroup.net