Blue Hat Interactive Entertainment Technology Announces It Has Regained Compliance with Nasdaq Continued Listing Standards

XIAMEN,China,Feb. 12,2020 -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT),a producer,developer and operator of augmented reality interactive entertainment games,toys and educational materials in China,today announced that,on February 3,2020,the Company received notification from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(2),which required that the Company file with the Securities and Exchange Commission on a Report of ForeignPrivate Issuer on Form 6-K ("Form 6-K") an interim balance sheet and income statement as of the end of its most recently completed second quarter (June 30,2019),and that Nasdaq considers the matter closed. The Company filed the required Form 6-K on January 31,2020.

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.

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 the forward-looking statements.

Contacts:

Lexie Zhang

Blue Hat Interactive Entertainment Technology

Phone: +86 (592) 228-0010

Email: ir@bluehatgroup.net

Sam Martin

The Foote Group

Phone: +86 187-0160-0950

Email: sam@thefootegroup.com

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