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.
Key Figures
Key Terms
beneficially own financial
Schedule 13D regulatory
margin loans financial
FAQ
When did RPD Fund fall below 5% ownership in Domo (DOMO)?
Who are the reporting persons in the Domo (DOMO) Schedule 13D/A Amendment No. 2?
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