Domo adopts tax benefits preservation plan with $17.50 per-right exercise price
On July 22, 2026, Domo's board adopted a tax benefits preservation plan and declared a dividend of one preferred stock purchase right per Class A and Class B common share, held by holders of record on August 4, 2026. The plan aims to deter any person or group from acquiring 4.9% or more of the company's securities, which could trigger an ownership change that limits use of net operating losses. The filing header names Huckleberry.ai, Inc. (HUCK), but the body refers only to Domo, Inc., so the registrant identity should be confirmed.
Key points
- Board adopted the plan and declared the rights dividend on July 22, 2026; record date is August 4, 2026.
- Each right's exercise price is $17.50, subject to adjustment, and the rights expire at the close of business on July 20, 2029, subject to earlier events.
- Acquiring Person threshold is 4.9% of outstanding common stock; the plan is not expected to interfere with Board-approved mergers.
- Equiniti Trust Company, LLC is named as rights agent.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.