Brief: Domo Announces Agreement To Sell Substantially All Assets And Certain Liabilities
22/07/2026 23:21
BRIEF-Domo Announces Agreement To Sell Substantially All Assets And Certain Liabilities July 22 (Reuters) - Domo Inc DOMO.O:
DOMO ANNOUNCES AGREEMENT TO SELL SUBSTANTIALLY ALL ASSETS AND CERTAIN LIABILITIES TO PROGRESS SOFTWARE FOR $400 MILLION
DOMO - TO REMAIN PUBLICLY LISTED UNDER NEW NAME, PRESERVES $900 MILLION NET OPERATING LOSS CARRYFORWARDS
DOMO - TO PAY OFF EXISTING CREDIT FACILITY IN FULL AT CLOSING
Source text: ID:nBw8Ns6s4a
Further company coverage: DOMO.O
((Reuters.Briefs@thomsonreuters.com;))