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500.com Limited Announces Board Approval of Changes to Company Names and Ticker Symbol, as well as Calling of Extraordinary General Meeting


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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 比特矿业 ,  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 m ....

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500.com Limited Announces Board Approval of Changes to Company Names and Ticker Symbol, as well as Calling of Extraordinary General Meeting