Domain sales remain strong as public company closes $1.6 million acquisition of Chill.com

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Domain sales remain strong as public company closes $1.6 million acquisition of Chill.com

Chill Brands Group PLC
made the final payment of $800,000 due to complete a $1,600,000 acquisition

of the Chill.com domain name. The
The company, listed on the London Stock Exchange (CHLL), is an international developer, producer and distributor of cannabidiol (CBD) products. They focused on Chill.com as the key to executing a

Chill brand refresh which they believe will improve consumer targeting and ensure brand marketing is uniform in all regions.

CEO of Chill Brands Callum Sommerton said, “We are the proud owners of a highly customizable brand, premium domain asset reflection of a ubiquitous word in the everyday life of consumers and easy say, spell and remember. In an increasingly complex world, people

Image of Bigstock

looking everywhere for ways to relax. These qualities are gold dust for marketersand we intend to maximize the potential of the Chill.com domain by expanding and enhancing our brand which, like our consumers, should be bright, energetic and youthful.”

We will officially report on this sale in our next bimonthly domain sales report comes out on Wednesday evening, July 6. Unless a bigger seven-figure sale is revealed by then, Chill.com will enter
#3
place on our Chart of the top 100 sales since the beginning of the year which tracks publicly reported domain sales. For now, only IT.com at
$3.8 million (also completed with a final payment this month) and Galaxy.com at $1.8 million were bigger. This is the sixth million dollar sale recorded so far in 2022.

Special thanks to George Kirikos who was the first to sound the alarm about the finalization of this agreement. If you’re not already following George on Twitteryou should be!

(Published June 27, 2022)

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