LEGAL PROCEEDINGS
−Removed: As previously disclosed, Afilias Domains No.
−Removed: 3 Limited (now called Altanovo Domains Limited), a competitor and losing bidder in the .
−Removed: web auction, filed another Independent Review Process (“IRP”) against ICANN pursuant to ICANN’s bylaws, on July 14, 2023.
−Removed: In April 2026, post-hearing briefing was completed.
+Added: Disputes related to the award and delegation of the .
+Added: web TLD to Verisign, including the Independent Review Process against ICANN, have been resolved.
+Added: The terms of the resolution are confidential and not material to our financial statements.
+Added: As a result of the resolution, the .
+Added: web TLD has been awarded and delegated to Verisign.
We are also involved in various investigations, claims and lawsuits arising in the normal conduct of our business, none of which, in our opinion, will have a material adverse effect on our financial condition, results of operations, or cash flows.
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.