other material
confidence high
sentiment negative
materiality 0.70
Domo enters $150M ATM equity offering agreement with Cantor Fitzgerald
DOMO, INC.
- Domo entered $150M at-the-market equity sales agreement with Cantor Fitzgerald as agent; commission 3% of gross proceeds.
- Shares of Class B common stock to be sold under shelf registration filed Sept 6, 2024; not yet effective, no sales until then.
- Company may set parameters for sales (number, timing, minimum price); no obligation to sell any shares.
- Proceeds for general corporate purposes; agreement terminable by either party on notice.