VERISIGN INC/CA0001014473false00010144732023-06-292023-06-29
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): June 29, 2023
VERISIGN, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
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| 000-23593 | | 94-3221585 |
(Commission
File Number) | | (IRS Employer
Identification No.) |
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| 12061 Bluemont Way, | | |
| Reston, | Virginia | | 20190 |
| (Address of principal executive offices) | | (Zip Code) |
(703) 948-3200
(Registrant’s Telephone Number, Including Area Code)
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:
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☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.001 Par Value Per Share | VRSN | Nasdaq Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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| Emerging growth company | ☐ |
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| If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. | ☐ |
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Item 1.01 | Entry into a Material Definitive Agreement |
On June 29, 2023, VeriSign, Inc. (the “Company”) and the Internet Corporation for Assigned Names and Numbers (“ICANN”) entered into a renewal of the .net Registry Agreement, through June 30, 2029 (the "Agreement"). The Agreement renews the current .net Registry Agreement entered into by the Company and ICANN in 2017 with no changes to the material terms. The Agreement maintains a six-year term, the same service levels, termination and renewal terms, and pricing provisions, which allow the Company to increase the price of a .net domain name registration, upon proper notice, by up to ten percent in each calendar year during the term of the Agreement. The Company maintains the obligation to collect a $0.75 fee on ICANN’s behalf for each .net domain name.
The description of the Agreement contained herein is qualified in its entirety by reference to the .net Registry Agreement entered into on June 29, 2023, a copy of which is filed herewith as Exhibit 10.1 and is incorporated herein by reference.
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Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
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Exhibit Number | | Description | |
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| 10.1 | | | |
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| 104 | | Inline XBRL for the cover page of this Current Report on Form 8-K | |
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.
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| | VERISIGN, INC. |
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Date: June 30, 2023 | | By: | | /s/ Thomas C. Indelicarto |
| | Thomas C. Indelicarto |
| | Executive Vice President, General Counsel and Secretary |