Gold prices steady ahead of Fed decision, Trump’s tariff deadline
Elliot Noss, Chief Executive Officer of Tucows Inc. (NASDAQ:TCX), has sold shares worth $23,950 according to a recent SEC filing. The sale comes as the company's stock trades near its 52-week low of $13.99, having declined about 8% in the past week and 20% over the last six months. The transactions, executed under a pre-established trading plan, occurred on April 4 and April 7, 2025. Noss sold a total of 1,500 shares of common stock at prices ranging from $15.44 to $16.23. Following these transactions, Noss holds 467,498 shares directly, with additional shares held indirectly through various accounts and by his spouse. The $157 million market cap company currently operates with significant debt levels and faces cash burn challenges, according to InvestingPro analysis, which offers 8 additional key insights about TCX's financial health and valuation metrics.
In other recent news, Tucows Inc. has announced a new date for its 2025 Annual Meeting of Shareholders, now set for May 20, 2025. This change marks a significant shift from the previous year's meeting date, surpassing the 30-day threshold from the anniversary of the 2024 meeting. As a result, shareholders have until April 5, 2025, to submit proposals for inclusion in the proxy materials or to notify the company of any director nominations. This deadline is crucial for those looking to participate in the governance of the company. The announcement was made in a recent SEC filing, ensuring compliance with federal securities laws. The exact time and location of the meeting will be provided in Tucows' forthcoming proxy statement. Shareholders are advised to send their submissions to the company's Secretary at the Toronto office, adhering to all relevant SEC regulations and company bylaws.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.