Tongji Healthcare Group (OTC: TONJ) today announced that it has taken initial steps toward changing its name from “Tongji Healthcare Group Inc.” to “Clubhouse Media Group Inc.,” as well as changing the company’s ticker symbol. The moves are in connection with the company’s Aug. 12, 2020, announcement of its entry into a share exchange agreement to acquire West of Hudson Group Inc. (“WOHG”), the sole owner of “The Clubhouse,” a collection of branded content houses that house some of the most prominent social media influencers. Upon closing of the share exchange, the company will acquire WOHG, which will then operate as a wholly owned subsidiary of the company. The company intends to move its focus completely away from healthcare and entirely into social media through the acquisition. “We have taken the first steps toward effecting our corporate name and ticker symbol changes and are very excited to move forward,” commented Amir Ben-Yohanan, the company’s CEO.
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About Tongji Healthcare Group Inc.
The company previously operated Tongji Hospital, a general hospital with 105 licensed beds, offering treatment in a variety of medical care areas. However, with its planned transition, announced on Aug. 12, 2020, the company will move entirely into the social media branding marketplace.
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