Domo Board Determines Strategic Deal Is Best Path To Maximize Shareholder Value; In Advanced Negotiations On Potential Strategic Deal; Recently Entered Forbearance Agreement With Lender After Covenant Noncompliance; Not Providing Financial Guidance At This Time
In February 2026, Domo's Board of Directors initiated a formal process to explore strategic alternatives to maximize shareholder value. The process included the evaluation of a broad range of alternatives, and engagement