Domo completes $221M asset sale to Progress; renamed Huckleberry.ai, trading as HUCK

DOMO, INC.

Closed sale of substantially all assets and employees to Progress Software (PRGS) on Sept 22, 2026; $221M cash received (~$4.46/share).
Company renamed Huckleberry.ai, Inc.; Class B common stock begins trading as HUCK on Nasdaq Global Market on Sept 24, 2026 (was DOMO).
Retains >$900M in NOL carryforwards; tax benefits preservation plan (Section 382) remains in effect.
Debt-free: terminated Loan and Security Agreement, repaid all borrowings, repurchased outstanding warrants for ~$10M.
Founder and CEO Josh James continues to lead; Board evaluating capital return and deployment opportunities.

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