What did you expect to find in a footnote for a logo/company name?
Trademarks, disclaimers, parent company references. (X is a registered trademark of Y. Y and X are not affiliated with nor endorsed by similar-sounding Υ or Х. Y is a fully owned subsidiary of Z. All rights reserved. Blah Blah.)
So instead of hearing about their progress, I'm scanning their footer. I say change the logo, because it's first thing on every page. Thus an awesome distractor for whatever they want to tell.