ICANN Board clears Verisign's .web auction participation; .web assignment to Verisign moves forward

VERISIGN INC/CA

ICANN Board concluded Verisign's participation with Nu Dot Co LLC in 2016 .web auction was appropriate and within policies.
ICANN to proceed processing NDC's .web application; NDC to execute Registry Agreement then assign to Verisign.
Verisign says 2023 financial guidance does not yet reflect potential .web launch; any changes will be disclosed.
Verisign cites 25+ years of uninterrupted DNS for .com/.net as qualification to operate .web securely and reliably.

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