Company that sold its assets to GoDaddy is returning cash to shareholders and winding down its operations. MMX (AIM: MMX), aka Minds + Machines, is offering its remaining shareholders 10.4 pence per share to surrender their equity in the ... Continue Reading1 Comment
.Budapest top level domain to be deleted
· Policy & LawMMX never launched the geo domain. MMX (Minds + Machines) (AIM: MMX) has filed a notice with ICANN to terminate its contract for running the .budapest top level domain name. The company applied for the domain with the support of the Budapest ... Continue ReadingLeave a Comment
GoDaddy completes MMX asset acquisition (sort of)
· Domain RegistrarsMMX shares rocket after deal (mostly) closes. MMX (AKA Minds + Machines) (London AIM: MMX) announced today that it completed the sale of its top level domain names to GoDaddy. There's a small caveat: it's still waiting on partner approval for ... Continue Reading1 Comment
MMX makes progress on sale to GoDaddy
· UncategorizedICANN 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 ... Continue ReadingLeave a Comment
Domain stocks trail market in 2021
· UncategorizedMMX 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 ... Continue ReadingLeave a Comment
MMX reports 2020 results
· ServicesMost 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 ... Continue ReadingLeave a Comment
MMX shareholders approve asset sale to GoDaddy
· Domain RegistrarsShareholders 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 ... Continue Reading2 Comments
Details behind MMX sale to GoDaddy
· Domain RegistrarsMMX 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 ... Continue Reading7 Comments
MMX: New CEO, settlement with ICM, layoffs, and prelim earnings
· UncategorizedNew top level domain company provides updates and preliminary 2020 numbers. New top level domain name company MMX (aka Minds + Machines) (London AIM: MMX) made several announcements Sunday. First, interim CEO Tony Farrow has been appointed CEO. ... Continue ReadingLeave a Comment
Afilias sells its stake in MMX
· UncategorizedAfilias USA exits its position in new top level domain company. Domain name registry Afilias has sold its stake in top level domain name company MMX (London AIM: MMX), also known as Minds + Machines. The company exited its 3.16% position in the ... Continue Reading1 Comment