Hoth Therapeutics Completes Name Change to Rocket One Inc., New Ticker RKTO Effective May 28
HOTH sits 66% above its 52-week low of $0.489 on light trading volume (0.2× avg).
Summary
Hoth Therapeutics officially changed its name to Rocket One Inc. and will begin trading under the new Nasdaq ticker symbol 'RKTO' on May 28, 2026, formalizing its strategic pivot into the space economy.
Key Events · Corporate Governance and Compliance · HOTH
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Corporate Name Change Completed
Hoth Therapeutics, Inc. officially changed its corporate name to Rocket One Inc., effective May 26, 2026, following a Certificate of Amendment to its Articles of Incorporation.
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New Ticker Symbol Effective
The company's common stock will begin trading on The Nasdaq Capital Market under the new ticker symbol 'RKTO' starting May 28, 2026, replacing 'HOTH'.
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Strategic Pivot Formalized
This filing completes the legal and administrative steps for the company's previously announced strategic pivot into the AI semiconductor infrastructure market for the orbital economy.
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Subsidiary Renamed
The wholly-owned subsidiary, initially formed as Rocket One Inc., was renamed Rocket One.0 Inc. to accommodate the parent company's name change.
Analysis · HOTH · Life Sciences
This filing formalizes the previously announced strategic pivot by Hoth Therapeutics, legally changing its corporate name to Rocket One Inc. and establishing the new Nasdaq ticker symbol 'RKTO'. This marks the administrative completion of the company's dramatic shift from biotechnology to the AI semiconductor infrastructure market for the space economy, a high-stakes move for a company facing significant financial distress and a 'going concern' warning. The new ticker symbol provides a clear market identity for the rebranded entity.
At the time of this filing, HOTH was trading at $0.81 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $13.5M. The 52-week trading range was $0.49 to $2.12. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.