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Activist RPD Fund builds 11.97% Domo (NASDAQ: DOMO) position

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D

Rhea-AI Filing Summary

RPD Fund Management and affiliates have disclosed a significant stake in Domo, Inc. Class B common stock. They report beneficial ownership of 4,613,726 shares, equal to about 11.97% of Domo’s outstanding Class B shares, based on 38,534,833 shares outstanding as of December 5, 2025.

RPD Opportunity Fund directly owns 3,512,826 shares, or roughly 9.12% of the class, with additional shares held in a separately managed account. The investors state they bought the stock with over $42.5 million of working capital because they believe it was undervalued. They have begun discussions with Domo’s board and management about operational and strategic opportunities to enhance stockholder value and may increase or decrease their position, propose changes to capital structure or board composition, or explore potential business combinations, asset sales, or hedging transactions, depending on future circumstances.

Positive

  • None.

Negative

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Insights

RPD discloses an 11.97% Domo stake and starts engagement.

RPD Fund Management and related entities report beneficial ownership of 4,613,726 Domo Class B shares, or about 11.97% of the class, using 38,534,833 shares outstanding as of December 5, 2025. Purchases for RPD Fund and an SMA total roughly $42.5M.

The group says it bought shares because they appeared undervalued and has begun discussions with Domo’s board and management on operational and strategic opportunities to enhance stockholder value. The disclosure lists wide flexibility: it may buy or sell more shares, suggest changes to capitalization or board structure, or explore business combinations and asset transactions.

The impact ultimately depends on how Domo’s leadership responds to these discussions and any concrete proposals the investors choose to make, which would be described in future company or investor disclosures if pursued.






Ahmet H. Okumus
RPD Fund Management LLC, 599 Lexington Avenue, 47th Floor
New York, NY, 10022
212-201-2650


Andrew Freedman, Esq.
Olshan Frome Wolosky LLP, 1325 Avenue of the Americas
New York, NY, 10019
212-451-2300

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
03/02/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D






SCHEDULE 13D


RPD Fund Management LLC
Signature:/s/ Ahmet H. Okumus
Name/Title:Ahmet H. Okumus, Managing Member
Date:03/09/2026
RPD Opportunity LLC
Signature:/s/ Ahmet H. Okumus
Name/Title:Ahmet H. Okumus, Managing Member
Date:03/09/2026
RPD Opportunity Fund LP
Signature:/s/ Ahmet H. Okumus
Name/Title:Ahmet H. Okumus, Managing Member of its general partner
Date:03/09/2026
Ahmet H. Okumus
Signature:/s/ Ahmet H. Okumus
Name/Title:Ahmet H. Okumus
Date:03/09/2026

FAQ

What stake in Domo (DOMO) did RPD Fund Management disclose on Schedule 13D?

RPD Fund Management and related entities disclosed beneficial ownership of 4,613,726 Domo Class B shares, representing about 11.97% of outstanding shares based on 38,534,833 shares outstanding as of December 5, 2025, making them a significant shareholder in the company.

How many Domo (DOMO) shares does RPD Opportunity Fund directly own?

RPD Opportunity Fund directly owns 3,512,826 Domo Class B shares, equal to approximately 9.12% of the outstanding class. These shares were purchased with the fund’s working capital, with an aggregate purchase price of about $32,050,715, excluding brokerage commissions and any margin financing costs.

Why did RPD Fund Management invest in Domo (DOMO) according to the Schedule 13D?

The investors state they purchased Domo shares because they believed the stock was undervalued and offered an attractive investment opportunity. This value-based rationale underpins their sizable 11.97% position and sets the context for their ongoing engagement with Domo’s board and management team.

What is the total amount RPD entities spent acquiring Domo (DOMO) shares?

RPD Fund spent approximately $32,050,715 acquiring 3,512,826 shares, and the separately managed account directed by RPD Fund Management spent about $10,498,875 for 1,100,900 shares. Combined, purchases total over $42.5 million, excluding brokerage commissions, using working capital that may include margin loans.

How does RPD Fund Management plan to engage with Domo (DOMO)?

RPD Fund Management has begun discussions with Domo’s board and management about operational and strategic opportunities to enhance stockholder value. They may also communicate with other shareholders, propose changes to capitalization or board structure, consider business combinations, or adjust their stake through purchases, sales, or hedging transactions.

What proportion of Domo (DOMO) shares outstanding underlies RPD’s 13D calculation?

The reported ownership percentages are calculated using 38,534,833 Domo Class B shares outstanding as of December 5, 2025. This figure comes from Domo’s Form 10-Q, and it serves as the denominator for RPD’s disclosed 11.97% aggregate stake and RPD Opportunity Fund’s 9.12% position.
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