BIGG Digital Assets (BIGG.V) after trade Friday said it is changing its name to Surge Digital, and plans to complete a consolidation of its shares on the basis of seven pre-consolidation common shares for one post-consolidation common share.
Both the name change and share consolidation have been approved by the board and are subject to TSX Venture Exchange approval and regulatory filings, the company added.
The company's shares are expected to begin trading on the TSX Venture Exchange on a post-consolidation basis under the new name and the symbol "SRGE," it said.
The name change, share consolidation, and ticker symbol change are set to take effect around Aug. 26, according to the statement.