Blue Hat Interactive Entertainment Technology, an AR entertainment platform creating interactive children's toys and games filed on Monday with the SEC to raise up to $18 million in an initial public offering.
The Xiamen, China-based company plans to raise $18 million by offering 4.5 million shares at a price of $4, where it would command a market value of $150 million.
Blue Hat Interactive Entertainment Technology was founded in 2010 and booked $17 million in sales for the 12 months ended September 30, 2018. It plans to list on the Nasdaq under the symbol BHAT. ViewTrade is the sole bookrunner on the deal.
