secwatch.observer — SEC 8-K summary
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Issuer:     DOMO, INC. (DOMO)
CIK:        0001505952
Form:       8-K
Filed at:   2026-09-22T20:11:16+00:00
Accession:  0001104659-26-109635
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 5.03, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505952/000110465926109635/0001104659-26-109635-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505952/000110465926109635/tm2625825d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-109635

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer