Reglikedomain industry desk

Paid $250,000 for Onyx.com this year — Domain investor

Paid $250,000 for Onyx.com this year — Domain investor

A modest public firm sold the domain in Q1.

An automotive ecommerce firm sold the domain name onyx.com for $250,000 earlier this year.

Parts ID, a modest publicly traded firm, revealed the sale in a recent SEC filing. The firm stated it sold the domain in the first quarter of 2023.

The firm 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 regarding $12 million.

It appears Parts ID purchased 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.

Also on the wire

Other reporting from the domain desk.