Ecoark Holdings (ZEST) announced its plan to rename the company to "BitNile Metaverse Inc.", and change its stock ticker symbol to "BNMV". The name and ticker symbol change are subject to regulatory approval and are expected to be completed within the next 10 trading days. The plan to change the Company’s name and stock ticker are a planned next step after the Company’s recent acquisition of BitNile.com from Ault Alliance (AULT). Milton Ault, III, Ault Alliance’s Executive Chairman, stated, "The recent challenges that other device-based metaverses have encountered with user adoption are a clear indicator that the BITNILE.COM metaverse platform chose the correct path as a device-agnostic browser-based metaverse. We are excited to continue growing our user base and have numerous new offerings and enhancements we plan to be announcing in the coming weeks in the BitNile Metaverse."
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