TAO Synergies (Formerly Synaptogenix) Begins Trading Under New Nasdaq Stock Symbol "TAOX" Effective at Market Open Today

Rhea-AI Summary

TAO Synergies Inc. (Nasdaq: TAOX), formerly known as Synaptogenix Inc. (Nasdaq: SNPX), has begun trading under its new ticker symbol "TAOX" on the Nasdaq Capital Market effective July 1, 2025. The company's rebranding reflects its strategic shift to focus on acquiring and staking TAO cryptocurrency, a leading AI cryptocurrency.

Executive Chairman Joshua Silverman stated that the company aims to leverage its team's expertise in the TAO ecosystem to optimize TAO staking, capitalizing on decentralized AI growth and institutional interest. The CUSIP for the company's common stock remains unchanged, and current stockholders are not required to take any action regarding the trading symbol change.

New name and stock symbol highlight strategic commitment to TAO, the leading AI
cryptocurrency

NEW YORK, July 1, 2025 /PRNewswire/ -- TAO Synergies Inc. (Nasdaq: TAOX) (the "Company"), formerly Synaptogenix, Inc. (Nasdaq: SNPX), announces that its common stock, listed on the Nasdaq Capital Market, begins trading under the new ticker symbol, "TAOX," effective at the market open today, July 1, 2025. The new name and trading symbol coincides with the Company's previously announced digital asset treasury strategy focused exclusively on acquiring and staking TAO cryptocurrency.

Executive Chairman Joshua Silverman commented, "With our team's deep knowledge of the TAO ecosystem and relationships in the industry, TAO Synergies is positioned to optimize TAO staking as we capitalize on the growth of decentralized AI and increasing institutional interest in new innovations."

Effective today, all stock trading, Securities and Exchange Commission filings and market-related information will be reported under the new trading symbol "TAOX." The CUSIP for the Company's common stock is unchanged. There is no action required by the Company's current stockholders with respect to the trading symbol change. 

About TAO Synergies

TAO Synergies Inc. (formerly Synaptogenix, Inc.) is the first pure-play public company focused on the convergence between cryptocurrency and artificial intelligence (AI). The Company's differentiated cryptocurrency treasury strategy is centered exclusively on the acquisition of TAO, the native cryptocurrency of Bittensor, a decentralized blockchain network for machine learning and AI. TAO Synergies Inc. seeks to stake TAO for revenue generation and capital appreciation, a strategy that underscores its mission to create significant value for shareholders.

Forward-Looking Statements

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. Such forward-looking statements are subject to risks and uncertainties and other influences, many of which the Company has no control over. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. These and other factors are identified and described in more detail in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to update these forward-looking statements.

Contact
800-811-5591
ir@taosynergies.com

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SOURCE TAO Synergies Inc.

FAQ

When did TAO Synergies (TAOX) start trading under its new Nasdaq symbol?

TAO Synergies began trading under its new Nasdaq symbol 'TAOX' on July 1, 2025.

What is TAO Synergies' (TAOX) new business strategy?

TAO Synergies is focusing on a digital asset treasury strategy centered on acquiring and staking TAO cryptocurrency, leveraging decentralized AI growth.

What was TAO Synergies' (TAOX) previous company name and stock symbol?

The company was previously known as Synaptogenix Inc. and traded under the symbol SNPX on the Nasdaq Capital Market.

Do TAO Synergies (TAOX) shareholders need to take any action due to the symbol change?

No, current stockholders are not required to take any action regarding the trading symbol change. The company's CUSIP remains unchanged.