RPD Fund discloses 9.87% Domo (DOMO) Class B common stock stake
Rhea-AI Filing Summary
RPD Fund Management LLC and related entities report a significant ownership position in Domo, Inc. They beneficially own 4,134,970 shares of Domo’s Class B common stock, representing approximately 9.87% of the outstanding shares, based on 41,886,904 shares outstanding as of May 22, 2026.
The filing states that the shares held by RPD Opportunity Fund were acquired using its working capital, which can include margin loans from brokerage firms, for an aggregate purchase price of about $33,241,516, excluding commissions. Voting and dispositive power over the shares is shared among RPD Fund Management LLC, RPD Opportunity LLC, RPD Opportunity Fund, and Ahmet H. Okumus, who is the sole managing member of the management entities. Each reporting person disclaims beneficial ownership beyond their pecuniary interest.
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