Domo Inc - Class B (DOMO) 13F Ownership Report (Q2 2026)

Domo, Inc. entered into an Asset Purchase Agreement on July 22, 2026, to sell substantially all assets of its AI and Data Platform Business to Progress Software for approximately $400 million (subject to adjustments). The board unanimously approved the deal, and majority stockholders have already provided written consent, eliminating the need for a shareholder vote. Domo will retain its net operating loss (NOL) carryforwards and is not liquidating; it plans to evaluate how to use the cash proceeds, potentially through acquisitions that preserve the NOL benefits.

DOMO, Inc. disclosed in an 8-K filing that it entered into a material definitive agreement. The specifics of the agreement are described in Item 3.03 of the same filing, which is incorporated by reference. No additional details on the agreement's terms are provided in this excerpt.

Domo held its 2026 Annual Meeting on July 14. Shareholders voted on three proposals: electing eight directors, ratifying Ernst & Young as the independent auditor for fiscal year 2027, and an advisory vote on executive compensation (Say-on-Pay). All eight director nominees were elected, the auditor ratification passed overwhelmingly, and the say-on-pay proposal received strong support.

AI summary pending