Registry Services, LLC agreed to acquire .club and .design and 28 domain extensions and certain business assets of Minds + Machines Group Limited (AIM:MMX) for $120 million on April 7, 2021. The consideration is subject to customary adjustments. Upon close of the acquisitions, GoDaddy Registry will own, manage, or operate more than 240 top-level domain extensions, with more than 14 million domain names under management. Completion of each of the acquisitions is subject to the satisfaction or waiver of certain conditions precedent, and, in the case of the MMX transaction, MMX shareholder approval and consent of certain geographic and commercial partners and licensors, ICANN approval for the transfer of the TLDs to GoDaddy Registry, Approval of Chinese authorities for the change of control of MMX China (including change of control in respect of relevant licenses held by MMX China permitting it to distribute TLDs in China). In addition, the sale of certain of the assets is subject to third-party approvals, as well as the waiver of certain rights of first refusal to acquire certain assets held by commercial partners of Minds + Machines Group, and there being no material adverse change in the ownership and/or performance of the Assets in the period prior to the Completion Date. The Board of Minds + Machines Group recommends that Shareholders vote in favor of the Resolution to be proposed at the General Meeting. Following receipt of the Consideration the Board will consider the best way to maximize Shareholder value which is likely to include returning a proportion of the cash to Shareholders together with considering alternative acquisitions as provided under Rule 15. The timing and method of any distribution or other return of capital remains to be confirmed and will be notified to Shareholders in due course. As of April 23, 2021 Minds + Machines Group Limited shareholders has approved the transaction. As of July 28, 2021, ICANN approved the transaction and all other conditions precedent have been completed. The long-stop date for satisfaction of the Conditions Precedent (or waiver in accordance with the terms of the Sale Agreement) is August 7, 2021. As of July 28, 2021, longstop date has been extended from August 7, 2021 to August 23, 2021. Stuart Andrews, Carl Holmes and Simon Hicks of finnCap Ltd acted as financial advisor to Minds + Machines Group. Henry Lebowitz, Lawrence Cagney, Timothy McIver, Michael Schaper, Michael Bolotin, Richard Ward, Samuel Duncan, Michael Diz and David Innes of Debevoise & Plimpton LLP acted as legal advisor to GoDaddy Registry. Jaspal Sekhon, Michael Corcoran and Vruksha Patel of Hill Dickinson LLP acted as legal advisor for Minds + Machines. Registry Services, LLC completed the acquisition of .club and .design and 28 domain extensions and certain business assets of Minds + Machines Group Limited (AIM:MMX) on August 11, 2021.