secwatch.observer — SEC 8-K summary
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Issuer:     DOMO, INC. (DOMO)
CIK:        0001505952
Form:       8-K
Filed at:   2026-07-22T21:07:36+00:00
Accession:  0001104659-26-085881
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Domo adopts tax benefits preservation plan to protect NOLs; triggers at 4.9% ownership
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- Board adopted Tax Benefits Preservation Plan; dividend of one preferred stock purchase right per share of Class A and Class B common stock.
- Rights become exercisable if a person or group acquires 4.9% or more of outstanding common stock (Acquiring Person).
- Upon a Flip-in Event, holders (except Acquiring Person) can buy common stock worth 2x exercise price ($17.50 per right).
- Plan expires July 20, 2029, unless redeemed earlier; designed to prevent ownership change under Section 382 of the Internal Revenue Code.
- Company may redeem rights at $0.001 per right at any time before tenth day after Stock Acquisition Date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505952/000110465926085881/0001104659-26-085881-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505952/000110465926085881/tm2620768d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-085881

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