Domo, Inc. (DOMO) Prices 9.2M Class B Share IPO at $21/Sh

Domo, Inc. (Nasdaq: DOMO) today announced the pricing of its initial public offering of 9,200,000 shares of Class B common stock at a price to the public of $21.00 per share. In addition, Domo has granted the underwriters a 30-day option to purchase up to an additional 1,380,000 shares of Class B common stock at the initial public offering price. Domo’s Class B common stock is expected to begin trading on The Nasdaq Global Market under the symbol “DOMO” on June 29, 2018. The offering is expected to close on July 3, 2018, subject to customary closing conditions.

Morgan Stanley & Co. LLC, Allen & Company LLC, Credit Suisse Securities (USA) LLC and UBS Securities LLC are acting as the joint book-running managers for the offering. Cowen and Company, LLC, JMP Securities LLC and William Blair & Company, L.L.C. are acting as co-managers for the offering.

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