Light & Wonder Announces Completion of Legal Entity Name and Ticker Symbol Changes
Will Begin Trading on NASDAQ Under New Stock Ticker Symbol “LNW” On April 29, 2022
LAS VEGAS—April 28, 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. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,000+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it’s all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.
Media Inquiries: media@lnw.com
Forward-Looking Statements
In this press release, Light & Wonder 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 Light & Wonder’s filings with the Securities and Exchange Commission (the “SEC”), including its 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 February 27, 2024 (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 Light & Wonder’s ongoing obligations under the U.S. federal securities laws, Light & Wonder undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.
Date: 04/28/2022
Category: Corporate
Type: Release