RPD Fund’s Domo (NASDAQ: DOMO) stake falls to 0.63%, 262,963 shares
Rhea-AI Filing Summary
Domo, Inc. shareholder RPD Fund Management LLC and related entities filed Amendment No. 2 to their Schedule 13D, showing a much smaller position in the company. The group now reports beneficial ownership of 262,963 shares of Domo Class B common stock, representing approximately 0.63% of the 41,886,904 shares outstanding as of June 3, 2026.
The shares were purchased using RPD Fund’s working capital, which may include margin loans, for an aggregate purchase price of about $24,933,991, excluding commissions. As of the close of business on June 16, 2026, the reporting persons state that they ceased to be beneficial owners of more than 5% of Domo’s outstanding shares.
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Insights
RPD Fund’s Domo stake is now a sub‑5% holding at 0.63%.
The filing shows RPD Fund Management LLC, RPD Opportunity entities, and Ahmet H. Okumus now collectively report beneficial ownership of 262,963 Domo shares, or 0.63% of the 41,886,904 shares outstanding as of June 3, 2026.
This moves the group from a large shareholder status to a smaller position, as they disclose that by June 16, 2026 they were no longer beneficial owners of more than 5% of the stock. The filing is descriptive of ownership rather than announcing new financing or operational changes.
The aggregate purchase price of about $24,933,991 for the 262,963 shares highlights a sizable capital commitment, but the filing does not specify the timing or method of recent transactions. Subsequent ownership and transaction details may appear in future regulatory reports.