Huckleberry completes sale of Domo business to Progress Software, receives $221.0 million
Domo, Inc. completed the sale of substantially all of its assets and employees to Progress Software Corporation on September 22, 2026, and received approximately $221.0 million in cash. The company renamed itself Huckleberry.ai, Inc., repaid its credit facility in full, and says it is now debt-free while retaining more than $900 million in net operating loss carryforwards.
Key points
- Received approximately $221.0 million in cash at closing on September 22, 2026, or about $4.46 per share according to the press release.
- Loan and Security Agreement dated August 8, 2023 terminated; all borrowings and accrued interest and fees paid in full.
- Warrants issued in February 2024 and August 2024 repurchased for approximately $10.0 million in aggregate.
- Common stock to trade as HUCK on the Nasdaq Global Market effective September 24, 2026, replacing the DOMO symbol; Josh James continues as CEO.
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 September 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.