TORONTO,
Dec. 27, 2013 /PRNewswire/ - 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 info@rtco.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.
About Tucows
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 respective owners.
SOURCE Tucows Inc.