Color Star Technology (ADD) announced that it will change its corporate name to Zeta Network Group, change its stock ticker symbol to (ZNB), and will effect a 25-for-1 reverse share split of its Class A and Class B ordinary shares. The company anticipates that the corporate events will be effective upon the commencement of trading on Nasdaq Capital on August 22. The corporate name change and stock ticker symbol change reflects the company’s new business strategy in its new cryptocurrency mining operations and its future development plans.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADD:
- Zeta Network Group Completes $6.4 Million Direct Offering
- Color Star Technology Announces $6.4 Million Direct Offering
- Color Star Technology Restructures Payment Agreement with BTC KZ
- Color Star Technology Approves Key Changes at Annual Meeting
- Color Star Technology Reports Significant Financial Loss for 2024
