Quiet period eliminates weekly data on aftermarket sales.
GoDaddy’s planned initial public offering means no more weekly domain name sales reports for a while.
Afternic has long sent out weekly aftermarket sales reports including total sales numbers and specific domains with sale prices. GoDaddy took over that responsibility when it acquired Afternic. These reports are the basis for Domain Name Wire’s end user sales reports.
With GoDaddy’s IPO filing, the company is officially in the “quiet period”. It’s technically in place until SEC staff declared the registration statement effective. Then there’s a 40 day quiet period after the IPO.
I imagine that GoDaddy could continue to disclose some of its weekly sales without violating these rules, but companies tend to play it safe in this situation.
That means we’ll have just one weekly end user sales report going forward based on Sedo’s sales.
Jeff says
Why would you say that?
If they role out within this quarter it’s an indication of godaddy auction sales volume and afternic. Then you could say it’s an indication of commissions earn to them.
I would say it’s a smart move and avoid leaking sales data too.
Andrew Allemann says
Obviously I’m not a securities attorney. I would imagine they could release some info — such as a selection of sales — without attaching a complete # to them.
Jeff says
Me neither. Have some basic knowledge of things.
I hear where your coming from though.
Enjoy your end user sales section Going miss it for awhile besides sedo reports.
John says
Wasn’t the Afternic platform supposed to allow GoDaddy name owners to list on their premium option? Wasn’t Afternic supposed to be expanding on the platforms a name is listed on as well?
Andrew Allemann says
Yes. It’s in progress.