# DOMO, INC. (DOMO) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_3e75e5b567948c488949 · retrieved 2026-08-11T16:09:16.474Z

## Overview
Domo, Inc. is a prepackaged software company that provides business intelligence and data visualization solutions.

On July 22, 2026, Domo, Inc.'s board adopted a tax benefits preservation plan and declared a dividend distribution of preferred stock purchase rights to protect the company's net operating losses (NOLs) and other tax attributes from potential limitation under Section 382 of the Internal Revenue Code. Each holder of Class A Common Stock received one Class A Right, and each holder of Class B Common Stock received one Class B Right, with a record date of August 4, 2026. Each right entitles the holder to purchase one one-thousandth of a share of Series A or Series B Junior Participating Preferred Stock at an exercise price of $17.50 per right, subject to adjustment. The plan is designed to deter any person or group from acquiring beneficial ownership of 4.9% or more of the company's outstanding securities, which would constitute an "ownership change" under Section 382 and substantially limit the company's ability to use its NOLs and other tax attributes.

## Terms
- Counterparty: Equiniti Trust Company, LLC · Stake: 4.9% · Price/share: $17.5

## Key dates
- Announced 2026-07-22 · Record 2026-08-04 · Expiry 2029-07-20

## Timeline
- 2026-07-22 · 8-K (0001104659-26-085881): 8-K - DOMO, INC. — *Domo, Inc. is a prepackaged software company that provides business intelligence and data visualization solutions.* On July 22, 2026, Domo, Inc.'s board adopted a tax benefits preservation plan and declared a dividend distribution of preferred stock purchase rights to protect the company's net operating losses (NOLs) and other tax attributes from potential limitation under Section 382 of the Internal Revenue Code. Each holder of Class A Common Stock received one Class A Right, and each holder of Class B Common Stock received one Class B Right, with a record date of August 4, 2026. Each right entitles the holder to purchase one one-thousandth of a share of Series A or Series B Junior Participating Preferred Stock at an exercise price of $17.50 per right, subject to adjustment. The plan is designed to deter any person or group from acquiring beneficial ownership of 4.9% or more of the company's outstanding securities, which would constitute an "ownership change" under Section 382 and substantially limit the company's ability to use its NOLs and other tax attributes.
  https://www.sec.gov/Archives/edgar/data/1505952/0001104659-26-085881.txt

## Citations
- 0001104659-26-085881 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926085881