Square (SQ) to change its name to Block, ticker symbol will remain same for now

• Co announces that it is changing its name to Block. The Square name has become synonymous with the co's Seller business, which provides an integrated ecosystem of commerce solutions.
• The change to Block acknowledges the company's growth. Since its start in 2009, the company has added Cash App, TIDAL, and TBD54566975 as businesses, and the name change creates room for further growth.
• The legal name "Square, Inc." is expected to be legally changed to "Block, Inc." on or about December 10. The ticker symbol "SQ" will not change at this time.