Opening the filing
8-K
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ Introductory Note.
On September 22, 2026, Huckleberry.ai, Inc., a Delaware corporation formerly known as Domo, Inc. (the “Company”), and Progress Software Corporation, a Delaware corporation (“Progress”), completed the previously announced sale to Progress of substantially all of the Company’s assets and employees, excluding the Company’s net operating loss carryforwards, and the assumption by Progress of certain liabilities of the Company, used in the operation of its business of providing software platforms, applications, tools and related technologies for business intelligence, data visualization, reporting and dashboarding, data integration and analytics, embedded and distributed analytics, workflow and process automation, AI-powered data products and AI agents, and data governance and data management, in each case delivered on a cloud-based, hosted, on premises or hybrid basis to enterprise, commercial and governmental customers, pursuant to that certain Asset Purchase Agreement, dated July 22, 2026, by and between the Company and Progress (the “Purchase Agreement”). The transactions contemplated by the Purchase Agreement are collectively referred to as the “Transactions.”
In connection with the closing of the Transactions, the Company changed its name to “Huckleberry.ai, Inc.” and will begin trading on the Nasdaq Global Market under the trading symbol, “HUCK”, on September 24, 2026.
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 2.01 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 5.03 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 7.01 Regulation FD Disclosure.
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 8.01 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.
Exhibit 99.1
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 Progress.”