Ecoark Holdings Inc. of Rogers said Thursday (Nov. 30) it has received regulatory approval to change its stock symbol trading on the OTC Markets. Effective Friday, the company’s common shares will begin trading under the symbol “ZEST” (OTCQX: ZEST).
Outstanding stock certificates will not be affected by the symbol change, according to the company, and will not need to be exchanged. All stock trading, filings and market-related information will be reported under the new stock symbol.
Ecoark Holdings founder, chairman and CEO Randy May also said the company will seek approval to formally change its name from Ecoark Holdings to Zest Technologies Inc. at the next annual shareholder meeting in the first half of 2018.
“Our new trading symbol is a step in the previously announced new corporate strategy of repositioning the company from Ecoark, a diversified holding company, to Zest Technologies Inc., an AgTech company focused solely on its Zest Labs asset,” May said in a news release. “This change is just one of many announcements we will be making as we continue on our mission of modernizing the fresh food supply chain.”
Zest Labs’ proprietary ZIPR technology helps retailers reduce fresh food spoilage. You can learn more about the company in a Talk Business & Politics story at this link.