---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-085819"
form_type: "8-K"
ticker: "DOMO"
cik: "0001505952"
company_name: "DOMO, INC."
filed_at: "2026-07-22T20:23:52+00:00"
generated_at: "2026-07-22T20:25:11.331452+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Domo sells AI and Data Platform Business to Progress Software for ~$400M

## Summary
- Purchase price ~$400M, subject to adjustments for cash below $25M and outstanding indebtedness.
- Domo retains NOL carryforwards; board adopted Tax Benefits Preservation Plan to protect NOLs.
- Majority stockholders (Cocolalla, LLC and Joshua James) executed written consent; no further stockholder vote required.
- Closing conditions include HSR waiting period expiration and SEC information statement; no financing condition.
- Termination fee of $13.5M payable by Domo under specified circumstances, including competing proposals.

## SEC filing metadata
- accession: 0001104659-26-085819
- form_type: 8-K
- ticker: DOMO
- cik: 0001505952
- company_name: DOMO, INC.
- filed_at: 2026-07-22T20:23:52+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1505952/000110465926085819/0001104659-26-085819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1505952/000110465926085819/tm2620768d3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-085819
- JSON: https://secwatch.observer/filing/0001104659-26-085819.json
- Plain text: https://secwatch.observer/filing/0001104659-26-085819.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.