secwatch.observer — SEC 8-K summary
======================================

Issuer:     DOMO, INC. (DOMO)
CIK:        0001505952
Form:       8-K
Filed at:   2024-09-06T23:59:59+00:00
Accession:  0001505952-24-000056
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Domo enters $150M ATM equity offering agreement with Cantor Fitzgerald
----------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1505952/000150595224000056/0001505952-24-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1505952/000150595224000056/domo8k-20240906.htm
  HTML page:      https://secwatch.observer/filing/0001505952-24-000056

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