Company is starting the new year with a new
name uniting its world-class, award-winning portfolio of
iconic parks and experiences
ORLANDO,
Fla., Jan. 30, 2024 /PRNewswire/ -- SeaWorld
Entertainment, Inc. (NYSE: SEAS), a leading theme park and
entertainment company, today announced it will change its name to
United Parks & Resorts Inc., effective Feb. 12, 2024. The new name unites the Company's
world-class portfolio of seven brands across 13 parks in
the United States and Abu Dhabi.
The Company's stock ticker symbol on the New York Stock Exchange
will change from SEAS to PRKS, with trading as PRKS to begin
Feb. 13, 2024.
The name change affects only the name of the parent company –
SeaWorld Entertainment, Inc. The Company's award-winning portfolio
of parks – SeaWorld, Busch Gardens, Discovery Cove, Sesame Place,
Water Country USA, Adventure
Island, and Aquatica – retain their respective park names.
"Our new company name, United Parks & Resorts Inc., better
reflects that we have been, and will continue to be, a diverse
collection of park brands and experiences. Each of our iconic
parks, including the four SeaWorld parks in Orlando, San
Antonio, San Diego and
Abu Dhabi, will continue to
operate under the same names our guests know and love. What also
remains unchanged is our deep commitment to creating experiences
that matter for our guests and inspiring them to help protect
animals and the wild wonders of the world," said Marc Swanson, the Company's Chief Executive
Officer.
The Company has 12 park locations across the United States, and a 13th park,
SeaWorld Abu Dhabi, opened in the United
Arab Emirates in 2023.
As part of the name change, the Company's main website and
investors website domains will change to UnitedParks.com and
UnitedParksInvestors.com on Feb. 13,
2024.
Copies of this and other news releases as well as additional
information about SeaWorld Entertainment, Inc. can be obtained
online at www.seaworldentertainment.com. Shareholders and
prospective investors can also register to automatically receive
the Company's press releases, SEC filings and other notices by
e-mail by registering at that website.
Forward-Looking Statements
Statements in this press release regarding the Company that are
not historical facts are "forward-looking statements" within the
meaning of the federal securities laws and are based upon current
expectations, beliefs, estimates and projections, and various
assumptions, many of which, by their nature, are inherently
uncertain and beyond management's control. All expectations,
beliefs, estimates, and projections are expressed in good faith and
the Company believes there is a reasonable basis for them. However,
there can be no assurance that management's expectations, beliefs,
estimates and projections will result or be achieved and actual
results may vary materially from what is expressed in or indicated
by the forward-looking statements. For a discussion of additional
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see the
Company's Securities and Exchange Commission ("SEC") filings,
including, but not limited to, the risk factors and Special Note
Regarding Forward-Looking Statements set forth in these filings and
any updates to such risk factors and Special Note Regarding
Forward-Looking Statements contained in subsequent reports on Form
10-K, Form 10-Q or Form 8-K.
CONTACTS:
Investor Relations:
Matthew Stroud
Investor Relations
888-410-1812
Investors@SeaWorld.com
Media:
Libby Panke
Communications
314-719-7521
Libby.Panke@Fleishman.com
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SOURCE SeaWorld Entertainment, Inc.