ESGC - Eros STX changes name to Eros Media World sets new ticker

Eros STX Global (NYSE:ESGC) has set up a new corporate name and trading ticker symbol following the unwinding of its merger with STX Entertainment. The company will change its corporate name to Eros Media World in NYSE and SEC records on or about June 6. It also expects to trade under the new ticker symbol EMWP on NYSE on or about June 6. ESGC is up 5.5% Wednesday; the stock has lost more than 80% of its value over the past six months. The former Eros International, an India-focused entertainment company, pursued a blockbuster Hollywood-Bollywood merger with STX in 2020, creating a new face on the Hollywood mini-major studio scene, and changed its name to Eros STX Global. That merger ran into heavy difficulties, and STX was re-separated and sold to the Najafi Companies in April.

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Eros STX changes name to Eros Media World, sets new ticker