- Current report filing (8-K)
10 February 2009 - 8:51AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event
reported):
February 9, 2009
TUCOWS INC.
(Exact Name of Registrant Specified in
Charter)
Pennsylvania
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0-28284
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23-2707366
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(State or Other
Jurisdiction of
Incorporation)
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(Commission File
Number)
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(IRS Employer
Identification No.)
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96 Mowat
Avenue, Toronto, Ontario, Canada
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M6K 3M1
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(Address of Principal
Executive Offices)
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(Zip Code)
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Registrants telephone number, including area
code:
(416) 535-0123
Not
Applicable
(Former Name or Former Address, if Changed
Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Item 8.01.
Other Events.
On February 9, 2009, Tucows.com Co. ( Tucows.com Co. ), a
corporation organized under the laws of Nova Scotia and a wholly-owned
subsidiary of Tucows Inc. (the Company ), entered into an agreement (the Agreement)
with an unaffiliated third party for the sale of a portfolio of 2,553 domain
names owned by Tucows.com Co. (the Portfolio). The Agreement provides that
the third party purchaser will pay Tucows.com Co. an aggregate of $1.0 million
for the Portfolio, $900,000 of which will be paid to Tucows.com Co. upon the closing
of the sale, $50,000 of which will be paid to Tucows.com Co. on August 9,
2009 and $50,000 of which will be paid to Tucows.com Co. on February 9,
2010. Tucows.com Co. is subject to
customary representations, warranties and covenants under the terms of the
Agreement. The agreement further provides that the purchaser will be entitled
to purchase up to an additional $1.8 million of domain names from Tucows.com
Co. between today and June 2010 on terms similar to the Agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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TUCOWS INC.
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By:
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/s/
Michael Cooperman
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Michael
Cooperman
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Chief
Financial Officer
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Dated:
February 9, 2009
2
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