Light & Wonder Announces Completion of Legal Entity Name and Ticker Symbol Changes
28 Abril 2022 - 5:15PM
Business Wire
Will Begin Trading on NASDAQ Under New Stock
Ticker Symbol “LNW” On April 29, 2022
Light & Wonder, Inc. (NASDAQ: SGMS), formerly known as
Scientific Games Corporation (“Light & Wonder” or the
“Company”), today announced that the Company has completed the
previously announced legal entity name change from Scientific Games
Corporation to Light & Wonder, Inc. in connection with its
recently announced rebranding pursuant to the sale of its Lottery
business. Light & Wonder will begin trading on NASDAQ under the
new ticker symbol "LNW" tomorrow, April 29, 2022.
The Light & Wonder name and branding reflects the Company’s
strategic vision to become the leading cross-platform global game
company focused on creating and launching great games fully
cross-platform, leveraging our leading platforms and solutions to
enable a seamless player experience. Through a deliberate
cross-platform approach, Light & Wonder delivers a leading
portfolio of iconic games and franchises across online and mobile
and in both real money and free-to-play social gaming markets as
well as in land-based casinos.
Light & Wonder shareholders do not need to take action in
connection with the change in ticker symbol. Their shares currently
trading on NASDAQ under the ticker symbol “SGMS” will automatically
commence trading under the new ticker symbol as of the market open
on April 29, 2022.
About Light & Wonder, Inc.
Light & Wonder, Inc. (formerly known as Scientific Games
Corporation), is the global leader in cross-platform games and
entertainment. The Company brings together 5,000 employees from six
continents to connect content between land-based and digital
channels with unmatched technology and distribution. Guided by a
culture that values daring teamwork and creativity, the Company
builds new worlds of play, developing game experiences loved by
players around the globe. Its OpenGaming™ platform powers the
largest digital-gaming network in the industry. The Company is
committed to the highest standards of integrity, from promoting
player responsibility to implementing sustainable practices. To
learn more, visit lnw.com.
Forward-Looking Statements
In this press release, the Company makes "forward-looking
statements" within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Forward-looking statements can be
identified by words such as "will," "may," and "should." These
statements are based upon management's current expectations,
assumptions and estimates and are not guarantees of timing, future
results, or performance. Therefore, you should not rely on any of
these forward-looking statements as predictions of future events.
Actual results may differ materially from those contemplated in
these statements due to a variety of risks, uncertainties and other
factors, including those factors described in our filings with the
Securities and Exchange Commission (the “SEC”), including the
Company’s current reports on Form 8-K, quarterly reports on Form
10-Q and its annual report on Form 10-K that was filed with the SEC
on March 1, 2022 (including under the headings "Forward-Looking
Statements" and "Risk Factors"). Forward-looking statements speak
only as of the date they are made and, except for the Company’s
ongoing obligations under the U.S. federal securities laws, the
Company undertakes no obligation to publicly update any
forward-looking statements whether as a result of new information,
future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20220428006022/en/
Investor Inquiries Jim Bombassei, Senior Vice President
of Investor Relations jbombassei@lnw.com
Media Inquiries Nick Lamplough / T.J. O'Sullivan / Lucas
Pers, Joele Frank, Wilkinson Brimmer Katcher, +1 212 355 4449
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