ZAP.com to be sold.
The three letter .com domain, ZAP.com, is currently in a pending sale status.
Scheduled to close in July, ZAP.com will be included in a group of domains, with the sale priced at $375,000 dollars.
Some great investigative reporting from domain investor, George Kirikos, who points to the Form 8-K filed with the US Securities and Exchange Commission, by Zap.Com Corporation.
According to the document:
On April 8, 2016, Zap.Com Corporation, a Nevada corporation (the “Company”), entered into an Agreement of Purchase and Sale (the “Agreement”), by and between the Company and Intram Investment Co., an Ohio corporation (“Intram”). Pursuant to the Agreement and subject to the terms and conditions set forth therein, Intram will purchase from the Company the rights to the Zap.Com domain name and certain other domain names for a purchase price of $375,000.
The closing is expected to take place on or prior to July 7, 2016. In connection with the completion of the sale, the Company expects to change its corporate name.
The foregoing description of the Agreement and the transactions contemplated thereby do not purport to be complete and are subject to and qualified in their entirety by reference to the Agreement, a copy of which is attached hereto as Exhibit 2.1, and the terms of which are incorporated by reference herein.
According to George Kirikos, another domain included in this sale might be Paranoid.com, as it is on a separate filing with the SEC.
The company owns several premium domains, as listed in the filing: betacenter.com, betaworld.com, buybid.com, eatfood.com, instantwinner.com, netcentralbank.com, paranoid.com, thefed.net and zap.com.
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