Current Report · Items 1.02, 2.01, 5.03, 7.01, 8.01, 9.01 · 8-K
Huckleberry.ai, Inc.
Termination of a Material Definitive Agreement · Completion of Acquisition or Disposition of Assets · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Regulation FD Disclosure · Other Events
Item 1.02 Termination of a Material Definitive Agreement. On September 22, 2026, at the closing of the Transactions, the Company terminated the Amended and Restated Loan and Security Agreement, dated August 8, 2023 (as amended from time to time, the “Loan and Security Agreement”), among the Company, as borrower, Domo, Inc., a Utah corporation, as co-borrower, the lenders from time to time party th…
Filed Sep 22, 2026Accepted Sep 22, 2026, 4:11 PM EDTCIK 1505952Accession 0001104659-26-109635
Company context
Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today’s data-driven world. Built around our customers’ preferred data foundation, powered by our award-winning Domo. AI solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business.
Current securities
Disclosure sections
Items 1.02, 2.01, 5.03, 7.01, 8.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 1.02Item 1.02 - Termination of Material Agreement
Item 1.02 Termination of a Material Definitive Agreement.
On September 22, 2026, at the closing of the Transactions,
the Company terminated the Amended and Restated Loan and Security Agreement, dated August 8, 2023 (as amended from time to time, the “Loan
and Security Agreement”), among the Company, as borrower, Domo, Inc., a Utah corporation, as co-borrower, the lenders from time
to time party thereto, Obsidian Agency Services, Inc., a California corporation, as collateral agent for the lenders, and Wilmington Trust,
National Association, as administrative agent for the lenders. In connection with the termination of the Loan and Security Agreement,
(i) all outstanding borrowings and other obligations owing by the Company, together with all accrued and unpaid interest and fees thereon,
were discharged and paid in full, (ii) all commitments thereunder were terminated and (iii) all related liens and guaranties were
released.
Item 2.01Item 2.01 - Completion of Acquisition
Item 2.01 Completion of Acquisition or Disposition of Assets.
As described above, the Transactions
were completed on September 22, 2026. At the closing of the Transactions, the Company received approximately $221.0 million in cash,
after giving effect to the purchase price adjustments set forth in the Purchase Agreement, the Warrant Repurchase (as defined below)
and certain other adjustments in respect of Excluded Liabilities (as defined in the Purchase Agreement) agreed between the parties for
administrative purposes.
The information set forth in the Introductory Note
of this Current Report on Form 8-K is incorporated by reference herein. The description of Transactions contained in the Introductory
Note and this Item 2.01 does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Purchase
Agreement, a copy of which is attached hereto as Exhibit 2.1 and is incorporated herein by reference.
Item 5.03Item 5.03 - Amendments to Articles/Bylaws
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change
in Fiscal Year.
As described above, on September 22, 2026, the
Company changed its name to “Huckleberry.ai, Inc.” The Company effected its name change by merging Huckleberry.ai Merger Sub,
Inc., a Delaware corporation and wholly owned subsidiary of the Company, with and into the Company, with the Company continuing as the
surviving corporation (the “Merger”), pursuant to Section 253 of the General Corporation Law of the State of Delaware, as
amended. The Merger became effective upon the filing of a Certificate of Ownership and Merger (the “Certificate of Ownership and
Merger”) with the Secretary of State of the State of Delaware on September 22, 2026. Pursuant to the Certificate of Ownership and
Merger, Article I of the Amended and Restated Certificate of Incorporation of the Company was amended to change the name of the Company
to “Huckleberry.ai, Inc.”
Effective September 22, 2026, pursuant to resolutions approved by the
Board of Directors of the Company, the Amended and Restated Bylaws of the Company were amended to reflect the change in the Company’s
name.
In connection with the change in the Company’s
name, the Company’s Class B Common Stock, par value $0.001 per share (“Class B Common Stock”), will cease trading under
the trading symbol “DOMO” and will begin trading under the trading symbol “HUCK” on the Nasdaq Global Market,
effective September 24, 2026.
The Merger does not affect the Company’s
CUSIP or the rights of its security holders. Other than the name change, the Company did not make any changes to its Amended and Restated
Certificate of Incorporation or its Amended and Restated Bylaws. Copies of the Certificate of Ownership and Merger and the Amended and
Restated Bylaws of the Company are attached hereto as Exhibits 3.1 and 3.2, respectively, and are incorporated herein by reference.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On September 22, 2026, the Company issued a press
release announcing the completion of the Transactions and the changes in its name and trading symbol. A copy of the press release is attached
hereto as Exhibit 99.1 and incorporated herein by reference into this Item 7.01.
The information in this Item 7.01 shall not be
deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company
under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set
forth by specific reference in such a filing.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Items.
On September 22, 2026, at the election of the holders
of the Company’s warrants to purchase shares of Class B Common Stock issued in February 2024 and August 2024, the Company repurchased
all such warrants then outstanding for approximately $10.0 million in the aggregate in accordance with the terms of such warrants (collectively,
the “Warrant Repurchase”).
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements
within the meaning of Section 27A of the Securities Act and the Exchange Act and the Private Securities Litigation Reform Act of 1995.
These forward-looking statements include, but are not limited to, statements regarding the Company’s evaluation of opportunities
for value creation and to return capital to stockholders. Forward-looking statements are subject to risks and uncertainties and are based
on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking
statements. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication
of future performance. The potential risks and uncertainties that could cause actual results to differ from the results predicted include,
among others, those risks and uncertainties included under the caption “Risk Factors” and elsewhere in our filings with the
SEC, including, without limitation, the Annual Report on Form 10-K filed with the SEC on April 16, 2026 and subsequent filings with the
SEC. All information provided in this Current Report on Form 8-K and in the attachments is as of the date hereof, and we undertake no
duty to update this information unless required by law.
Filed exhibits (1)
EX-99.1 (by filename) tm2625825d1_ex99-1.htmExhibit 99.1
Domo Completes
Sale to Progress Software;
Huckleberry Begins
the Next Chapter
Huckleberry starts
with $221 million in cash and more than $900 million in net operating loss carryforwards
Founder and CEO
Josh James will continue to lead the debt-free public company
SILICON SLOPES, Utah, September 22,
2026 - Domo, Inc. (Nasdaq: DOMO) today announced the completion of its previously announced sale to Progress Software Corporation
(Nasdaq: PRGS). With the transaction complete, Domo, Inc. has changed its name to Huckleberry.ai, Inc. (the “Company” or
“Huckleberry”). Josh James will continue to lead the Company alongside its current Board of Directors.
Through
the transaction, Progress acquired substantially all of the Company’s assets and employees, excluding the Company’s net operating
loss carryforwards, and assumed certain of its liabilities. The Company’s AI and data platform have become part of Progress.
“Domo
was built on the belief that data should change the way a business runs,” said Josh James, Founder and CEO. “I’m incredibly
proud of what our team created and grateful to the customers who pushed us to keep making it better. That work will continue at Progr…
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