Tucows Inc /PA/ - Current report filing (8-K)
September 30 2008 - 2:52PM
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):
September 26, 2008
TUCOWS INC.
(Exact Name of
Registrant Specified in Charter)
Pennsylvania
|
|
0-28284
|
|
23-2707366
|
(State
or Other
|
|
(Commission
File
|
|
(IRS
Employer
|
Jurisdiction
of
|
|
Number)
|
|
Identification
No.)
|
Incorporation)
|
|
|
|
|
|
|
|
96 Mowat Avenue, Toronto, Ontario, Canada
|
|
M6K 3M1
|
(Address of Principal Executive Offices)
|
|
(Zip Code)
|
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 September 26, 2008, as part of Tucows Inc.s (the
Registrants
)
previously announced strategy to divest of non-strategic assets, Tucows.com Co.
(
Tucows.com
), a wholly-owned subsidiary of the Registrant, entered
into a definitive agreement with an undisclosed purchaser to acquire Tucows.coms
remaining 10,000 web hosting end-user websites and customers for
$990,930.12. The Registrant expects the
transaction to close on or around September 30, 2008 (the
Closing Date
).
The purchase price is payable in cash, $941,383.61 on the Closing Date and $49,546.51
within 25 business days of the Closing Date.
The Registrant expects that the proceeds from the transaction will
facilitate the commencement of the Registrants previously announced stock
repurchase program.
2
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.
|
TUCOWS INC.
|
|
|
|
|
|
|
By:
|
/s/ Michael Cooperman
|
|
|
Michael Cooperman
|
|
|
Chief Financial Officer
|
Dated: September 30, 2008
Tucows (AMEX:TCX)
Historical Stock Chart
From Apr 2024 to May 2024
Tucows (AMEX:TCX)
Historical Stock Chart
From May 2023 to May 2024