AOL CEO Tim Armstrong confirmed the new name in a Twitter post this Monday afternoon.
It is unclear if the name change means that Verizon will retire the AOL and Yahoo brands.
Armstrong's latest remarks came as Verizon's acquisition of Yahoo hits speed bumps.
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Both panels are looking into Russia's meddling in the election and any ties between Trump associates and the Kremlin. Flynn's attorney said talks have taken place about immunity in order for him to testify.
Meanwhile, Recode has reported that Yahoo CEO Marissa Mayer, who stepped down from the company's board in January, will not be part of the new company.
It's not known whether the Yahoo name will continue on as any part of Oath. "Oath will start out as a value-based brand connecting our values", Armstrong said. AOL says the new company will be "one of the most disruptive brands in digital" after it arrives this summer. A rep for Yahoo declined to comment beyond a statement from Mayer when the Verizon deal was first announced past year. "I love Yahoo, and I believe in all of you". But the most important brands we have are things like Yahoo! The core Web assets that Yahoo is selling to Verizon-its search, e-mail, and content sites-will be merged with another 90s Internet relic, AOL, under Verizon's ever-expanding corporate umbrella. And that's when the things went completely haywire at Yahoo as it revealed their server had been breached and the personal info of over 1.5 billion user accounts has been stolen in two hacking attempts back in 2013 and 2014. Last month, the U.S. Department of Justice indicted four men, including two officers with Russia's FSB security agency, in connection with those hacks.
Yahoo chief executive Marissa Mayer.
The Verizon-Yahoo deal hit a number of bumps on the way to its closure. Yahoo was criticized by a lot of people for naming its remaining business, "Altaba", which seemed like a odd name for a brand. "Over time, if there's brands we can create around Oath, we would think about that".