500.com Limited Announces Board Approval of Changes to Company Names and Ticker Symbol, as well as Calling of Extraordinary General Meeting
500. COM LTD (WBAI)
US:NYSE Investor Relations:
500.investorroom.com
Company Research
Source: PR Newswire
SHENZHEN, China, March 8, 2021 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), an enterprise committed to developing cryptocurrency mining businesses, today announced that a majority of its Board of Directors (the "Board") resolved to change the Company's (i) English name to "BIT Mining Limited" (the "English Name Change"), subject to shareholder approval being received for the English Name Change, (ii) Chinese business name to "????", and (iii) ticker symbol to "BTCM."Pursuant to the Company's Second Amended and Restated Articles of Association, the English Name Change needs to be adopted by a Special Resolution at a general meeting of shareholders. For the purpose of seeking such shareholder approval, today a majority of the Board also resolved to call an extraordinary general meeting of shareholders (the "EGM") to consider the English Name Change. The Company intends to announce and publish materials for the EGM in due course.About 500.com Limited500.com
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