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MMX makes progress on sale to GoDaddy

ICANN approval is progressing. MMX (aka Minds + Machines) reported today that it’s making progress on its proposed asset sale to GoDaddy (NYSE: GDDY). In April, the company announced it was selling its 28 top level domain names to GoDaddy for $120 million. (One of those domains, .country, was sold in Frank Shilling’s UNR auction […]

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MMX gets nod to sell 22 gTLDs to GoDaddy

New gTLD registry MMX expects to shortly offload most of its portfolio of strings to GoDaddy Registry after receiving ICANN approvals. The company said today that its transfer requests for four of its gTLD contracts have received full ICANN approval. A...
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Domain stocks trail market in 2021

MMX is one bright spot in the industry. Major domain name stocks are treading water this year despite the up markets. I analyzed prices from the December 31 close last year to the market close yesterday, June 9. During that period, the Dow is up 13%, the S&P is up 12% and the NASDAQ is […]

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MMX reports 2020 results

Most numbers flat to down slightly as company prepares to sell its assets to GoDaddy. Top level domain name company MMX (Minds + Machines, London AIM: MMX) reported its full results for 2020 yesterday. The company reported revenue and profit that was more or less flat compared to 2019. Earnings per share was $.0033, or […]

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MMX’s year marked by terrible renewals

MMX saw its revenue dip in 2020, and it reported shocking renewal rates at two of its highest-volume gTLDs, according to the company’s annual financial results, published this morning. The portfolio registry, which is in the process of selling of...
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MMX shareholders approve asset sale to GoDaddy

Shareholders vote to proceed with the sale. Shareholders in MMX (aka Minds + Machines) voted today to approve a sale of the company’s assets to GoDaddy. The decision is not a surprise; MMX already said it had enough votes to approve the sale. Further approvals are needed to complete the deal, including Chinese government approval […]

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Details behind MMX sale to GoDaddy

MMX reveals details behind asset sale. GoDaddy (NYSE: GDDY) announced yesterday that it is acquiring most of the assets of MMX (London AIM: MMX), aka Minds + Machines, for $120 million. Today, MMX issued a notice to shareholders about its planned sale. The sale represents approximately 10 pence per sale, about double the closing price […]

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