AirNet Technology (ANTE) said Thursday that it is changing its name to Yueda Digital Holding.
The company added that it will begin trading under the new name and ticker symbol YDKG on Friday, following approval from the Cayman Islands registry.
The company said its shareholders recently approved the re-designation of shares, under which all ordinary shares are now designated as class A ordinary shares, and all preferred shares as class B ordinary shares.
Shares of AirNet Technology fell past 4% in recent trading activity.
Price: 3.45, Change: -0.27, Percent Change: -7.26