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A small public company sold the domain in Q1.
An automotive ecommerce company sold the domain name onyx.com for $250,000 earlier this year.
Parts ID, a small publicly traded company, revealed the sale in a recent SEC filing. The company said it sold the domain in the first quarter of 2023.
The company seems to be struggling. Earlier this year, it hired Canaccord Genuity and DLA Piper to evaluate potential strategic alternatives. Parts ID is traded on the NYSE American exchange with the ticker ID. Its market cap is about $12 million.
It appears Parts ID acquired the domain from Onyx Pharmaceuticals, Inc., part of Amgen, in 2018.
The buyer is unknown but it is clearly a domain investor. The buyer has listed the domain for sale on Dan.com with a $1.995 million asking price.
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Categories: Domain Sales
Andrew Allemann has been registering domains for over 25 years and publishing Domain Name Wire since 2005. He has been quoted about his expertise in domain names by The Wall Street Journal, New York Times, and NPR. Connect with Andrew: LinkedIn – Twitter/X – Facebook
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Onyx is the stable coin of J.P. Morgan.
That is a bit of nonsense bro, they will abandon that project.
Domain Name Wire is a trade publication for the domain name industry covering topics relevant to domain investors, brand owners, policy makers, domain registrars and registries, and more. Founded in 2005, Domain Name Wire has been cited by Wall Street Journal, New York Times, NPR, and Washington Post. Read More About DNW
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