Ecoark Holdings Changes Its Name to BitNile Metaverse
21 Marzo 2023 - 2:50PM
BitNile Metaverse, Inc. (Nasdaq: BNMV) (“
BitNile
Metaverse” or the “
Company”) today
announced that the Company has changed its name from Ecoark
Holdings, Inc. to BitNile Metaverse, Inc. effective today, March
21, 2023, to reflect its focus on growing its browser-based
metaverse solution as its core business. The Company’s shares will
continue to be traded on The Nasdaq Capital Market. The Company’s
ticker symbol will change from “ZEST” to “BNMV”. The name and stock
ticker are the next steps after the Company’s recent acquisition of
BitNile.com, Inc. from Ault Alliance, Inc. (NYSE American: AULT).
According to Randy May, Chairman and CEO of the
Company, “As we retire the old ‘Ecoark’ name, we are excited to
embrace the booming metaverse industry and to grow our business in
this high-growth sector.”
BitNile Metaverse’s Platform (the “Platform”),
which went live to the public on March 1, 2023, offers a preview of
the foundational world and related activities. The Platform
continues to add new features and functionality weekly, including
3D immersive games, eCommerce, live streaming entertainment, and
social networking. The Platform’s tiered rewards system
incentivizes users to visit often and remain for longer durations,
benefitting advertisers from the increased “stickiness” and
innovative advertising models unique to the metaverse. The Platform
also serves as an arena for content creators and media and
entertainment companies to present their products and videos to
users through their avatars in a new immersive experience.
The Platform is device-agnostic, enabling
end-users to access the metaverse via a web browser on any modern
device, including mobile phones, tablets, PCs, and VR headsets.
BitNile Metaverse encourages the public to experience the early
access version of the Platform and subsequent updates through the
link https://bitnile.com.
For more information on BitNile Metaverse and
its subsidiaries, the Company recommends that stockholders,
investors and any other interested parties read the Company’s
public filings and press releases available under the Investor
Relations section at www.bitnile.net or available at
www.sec.gov.
About BitNile Metaverse
Inc.
Founded in 2011, BitNile Metaverse owns 100% of
BitNile.com, Inc., including the BITNILE.COM metaverse platform.
The Platform, which went live to the public on March 1, 2023,
allows users to engage with a new social networking community and
purchase both digital and physical products while playing 3D
immersive games. In addition to BitNile.com, Inc., BitNile
Metaverse also owns three non-core subsidiaries either directly or
indirectly: approximately 66% of Wolf Energy Services Inc. (OTCQB:
WOEN) indirectly, 100% of Zest Labs, Inc. directly and
approximately 89% of Agora Digital Holdings Inc. directly. BitNile
Metaverse also owns approximately 70% of White River Energy Corp
(OTCQB: WTRV).
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended These forward-looking statements generally
include statements that are predictive in nature and depend upon or
refer to future events or conditions, and include words such as
“believes,” “plans,” “anticipates,” “projects,” “estimates,”
“expects,” “intends,” “strategy,” “future,” “opportunity,” “may,”
“will,” “should,” “could,” “potential,” or similar expressions.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made,
and Ecoark does not undertake any obligation to update any of these
statements publicly in light of new information or future events.
Actual results could differ materially from those contained in any
forward-looking statement as a result of various factors. In
addition to risks relating to the acceptance of the Platform by
individuals, competition with much larger companies operating
metaverses, Ecoark’s ability to raise capital, and state regulation
of bitcoin mining, investors should review the risk factors that
could affect Ecoark’s business and financial results which are
included in Ecoark’s filings with the U.S. Securities and Exchange
Commission, including, but not limited to its Forms 10-K, 10-Q and
8-K. All such filings are available at www.sec.gov and on the
Company’s website at www.bitnile.net.
Contacts
BitNile Metaverse Investor Contact:
investorrelations@bitnile.com or 1-800-762-7293
Grafico Azioni BitNile Metaverse (NASDAQ:BNMV)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni BitNile Metaverse (NASDAQ:BNMV)
Storico
Da Giu 2023 a Giu 2024