CHANGSHA, China, Sept. 6,
2023 /PRNewswire/ -- Bit Brother Limited (the
"Company," "we" or "Bit Brother") (NASDAQ: BTB), announced
that the Company will be changing its ticker symbol from "BTB" to
"BETS". Effective on Friday, September 8,
2023, the Company's Class A Ordinary Shares will trade on
Nasdaq under the new symbol "BETS".
"According to the needs of the Company's future strategy and
business development, we will officially change the ticker symbol,"
CEO of the Company, Xianlong (Jack)
Wu commented. "Over the past few years, the Company has
actively sought to diversify its business development and has
brought us new business growth opportunities in many areas. The
change of the Company's ticker symbol to 'BETS' will have a
positive impact on building the Company's long-term brand influence
and enhancing our brand value."
No action is required by existing shareholders with respect to
the ticker symbol change. The Company's Class A Ordinary Shares
will continue to be listed on Nasdaq and the CUSIP will remain
unchanged.
About Bit Brother Limited
Bit Brother Limited (formerly known as Urban Tea, Inc.) was incorporated in the
British Virgin Islands as a
company with limited liability on November
28, 2011. Our business currently consists of the
distribution and retail of specialty tea products. We have
conducted research and planning of our blockchain technology and
cryptocurrency mining business since 2021. For more
information, please visit: http: www.bitbrother.com.
Forward-Looking Statements
Certain statements in this press release may constitute
"forward-looking statements" within the meaning of the federal
securities laws, including, but not limited to, our expectations
for future financial performance, business strategies or
expectations for our business. These statements constitute
projections, forecasts and forward-looking statements, and are not
guarantees of performance. The Company cautions that
forward-looking statements are subject to numerous assumptions,
risks and uncertainties, which change over time. Words such as
"may," "can," "should," "will," "estimate," "plan," "project,"
"forecast," "intend," "expect," "anticipate," "believe," "seek,"
"target," "look" or similar expressions may identify
forward-looking statements. These forward-looking statements are
based on information available as of the date of this press release
and our management's current expectations, forecasts and
assumptions, and involve a number of judgments, risks and
uncertainties that may cause actual results or performance to be
materially different from those expressed or implied by these
forward-looking statements.
These risks and uncertainties include, but not are limited to,
the risk factors described by Bit Brother in its filings with the
Securities and Exchange Commission ("SEC"), which are available on
the SEC's website (http://www.sec.gov). These risk factors and
those identified elsewhere in this press release, among others,
could cause actual results to differ materially from historical
performance. Accordingly, forward-looking statements should not be
relied upon as representing our views as of any subsequent date,
and you should not place undue reliance on these forward-looking
statements in deciding whether to invest in our securities. We do
not undertake any obligation to update forward-looking statements
to reflect events or circumstances after the date they were made,
whether as a result of new information, future events or otherwise,
except as may be required under applicable securities laws.
Contact: contactus@bitbrother.com, +86-0731-82290658
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SOURCE Bit Brother Limited