Demand shareholders on record as of July 25 have received 1 Rightside share for every 5 Demand shares they own. With the spinoff completed, Demand has carried out a 1-for-5 reverse split.
Rightside accounted for ~$45M of Demand's Q1 revenue (ex-TAC) of $87.4M. The business posted domain services revenue of $38M (+13% Y/Y), and aftermarket services revenue of $7M (-44%).
Demand and Rightside both report on Thursday.