TORONTO, Dec. 27, 2013 /CNW/ - Tucows Inc. (NYSE MKT:TCX) (TSX:TC), a
global provider of domain names and other Internet services, today
announced that as previously disclosed in its news release on December
17, 2013, effective at the market open on December 30, 2013, its shares
will begin trading on the NASDAQ capital market under the symbol
"TCX". In Canada, Tucows shares continue to be listed on the Toronto
Stock Exchange, trading under the symbol "TC".
In addition, effective at the market open on December 31, 2013, Tucows'
shares will begin trading on the reverse split-adjusted basis. As
previously announced, Tucows' board of directors approved a reverse
stock split that consolidated every four Tucows common shares into one
Tucows common share. As of the effective time of the reverse stock
split Tucows' common stock's new CUSIP number will be 898697 20 6.
Shareholders who hold their shares in brokerage accounts or "street
name" are not required to take any action to effect the exchange of
their shares. Following the effective date of the reverse stock split,
holders of share certificates should receive instructions from the
Company's transfer agent regarding the process for exchanging their
shares. Holders of share certificates who do not receive such
instructions within 10 days of the effective date of the reverse stock
split should contact Tucows' transfer agent, The Registrar and Transfer
Company, by telephone at 1-800-368-5948 or by email at email@example.com.
Additional information regarding the reverse stock split can be found in
the Company's definitive proxy statements filed with the SEC on October
21, 2013 and the revised definitive proxy soliciting materials filed
with the SEC on October 23, 2013.
Tucows is a global Internet services company. OpenSRS (http://opensrs.com) manages over fourteen million domain names and millions of value-added
services through a reseller network of over 13,000 web hosts and ISPs.
Hover (http://hover.com) is the easiest way for individuals and small businesses to manage
their domain names and email addresses. Ting.com (https://ting.com) is a mobile phone service provider dedicated to bringing clarity and
control to US mobile phone users. YummyNames (http://yummynames.com) owns and operates premium domain names that generate revenue through
advertising or resale. More information can be found on Tucows'
corporate website (http://tucows.com).
This release includes forward-looking statements as that term is defined
in the U.S. Private Securities Litigation Reform Act of 1995. Such
statements include, without limitation, our expected initial trading
date on NASDAQ and the timing of the reverse stock split. These
statements are based on management's current expectations and are
subject to a number of uncertainties and risks that could cause actual
results to differ materially from those described in the
forward-looking statements, including, without limitation, regulatory
approvals. Information about other potential factors that could affect
Tucows' business, results of operations and financial condition is
included in the Risk Factors sections of Tucows' filings with the
Securities and Exchange Commission. All forward-looking statements
should be evaluated with the understanding of their inherent
uncertainty. All forward-looking statements are based on information
available to Tucows as of the date they are made. Tucows assumes no
obligation to update any forward-looking statements, except as may be
required by law.
TUCOWS is a registered trademark of Tucows Inc. or its subsidiaries. All
other trademarks and service marks are the properties of their
SOURCE: Tucows Inc.
For further information:
(416) 815-0700 ext. 257