Color Star Technology Announces Corporate Name Change, Stock Ticker Symbol Change and 25-for-1 Reverse Share Split

NEW YORK, Aug. 20, 2025 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on cryptocurrency mining and the application of technology and artificial intelligence in the entertainment industry, announced today that it will change its corporate name to Zeta Network Group, change its stock ticker symbol to "ZNB," and will effect a 25-for-1 reverse share split of its Class A and Class B ordinary shares (collectively, the "Corporate Events"). The Company anticipates that the Corporate Events will be effective upon the commencement of trading on the Nasdaq Capital Market on August 22, 2025 (U.S. Eastern Time). The corporate name change and stock ticker symbol change reflects the Company's new business strategy in its new cryptocurrency mining operations and its future development plans.

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