Wecast Announces Corporate Name Change to Seven Stars Cloud Group
WECAST NETWORK INC (WCST)
US:NASDAQ Investor Relations:
corporate.wecastnetworkinc.com
Company Research
Source: PR Newswire
NEW YORK, June 5, 2017 /PRNewswire/ -- Wecast Network, Inc. (NASDAQ: WCST) ("Wecast" or the "Company"), announced today that the Company is changing its corporate name to Seven Stars Cloud Group, Inc. ("Seven Stars Cloud"), which will become effective in early Q3 (specific date to be announced).The Company will continue to trade on the Nasdaq Stock Exchange but under the new symbol "SSC" (specific date to be announced) with no change in the Company's share structure.The name change will be phased in across all aspects of the business in the relatively near future. The Wecast Network, Inc. corporate name will continue to be used in press releases and corporate filings until the SEC officially deems the new name, Seven Stars Cloud Group, Inc., effective.CEO Bing Yang stated, "While a corporate name change has already recently occurred, the recent dynamic shift in corporate strategy that the company has undergone since that time, requires a name that will more accurately reflect the Com
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