SEC filing discloses interest in company.
Some people say the domain name business is an incestuous industry. They might be right.
An SEC filing this afternoon discloses that a company associated with Frank Schilling now owns 5.5% of the company.
The filing was made by FTS, Corp in Grand Cayman. Schilling’s middle name is Taylor, hence FTS are his initials. The filing was made by Ria Scott Blyth, Administrative Assistant of FTS Corp. Her LinkedIn profile shows that she works for Frank Schilling’s Uniregistry.
The SEC 13D filing was necessary because FTS now owns more than 5% of the company.
Schilling’s stake is worth about $8 million at today’s stock price.
Rightside owns a bunch of new top level domain names, eNom, Name.com, and half of NameJet.