Domo adopts tax benefits preservation plan, issues preferred stock purchase rights dividend

Domo adopted a tax benefits preservation plan, issuing one preferred stock purchase right per outstanding Class A and Class B share.

Rights will be distributed to holders of record at the close of business on Aug. 4, 2026.

Each right initially allows purchase of 1/1,000 share of Series A or Series B Junior Participating Preferred Stock at an exercise price of $17.5.

The plan sets a 4.9% beneficial ownership trigger to deter accumulations that could limit use of net operating losses under IRS Section 382.