8-KAccepted Sep 22, 4:11 PM ET
Huckleberry.ai (DOMO) Completes Asset Sale, Name and Ticker Change
Accepted (ET)
4:11 PM
Sep 22, 2026
Filed
Sep 22, 2026
Documents
14
Size
492.5 KB
Summary
Huckleberry.ai (DOMO) Completes Asset Sale, Name and Ticker Change
What Happened
- Huckleberry.ai, Inc. (formerly Domo, Inc.) filed an 8-K reporting that the Transactions closed on September 22, 2026. At closing the company received approximately $221.0 million in cash (after purchase-price and administrative adjustments).
- At closing the company also repurchased all outstanding warrants issued in Feb/Aug 2024 for about $10.0 million aggregate, and terminated its Amended and Restated Loan and Security Agreement (dated August 8, 2023), paying all outstanding borrowings, interest and fees in full and releasing related liens and guaranties.
- The company effected a name change to “Huckleberry.ai, Inc.” via a merger of a wholly owned merger sub into the company (effective September 22, 2026); the Class B Common Stock will begin trading under the new ticker “HUCK” on the Nasdaq Global Market effective September 24, 2026. The company’s CUSIP and holders’ rights were unchanged.
Key Details
- Closing date: September 22, 2026. Ticker change effective: September 24, 2026.
- Cash received at closing: approximately $221.0 million (after purchase price adjustments and agreed administrative adjustments).
- Warrant repurchase: ~ $10.0 million aggregate (holders elected repurchase under warrant terms).
- Debt termination: Amended and Restated Loan and Security Agreement (Aug 8, 2023) discharged in full; commitments terminated and liens/guaranties released.
Why It Matters
- Liquidity and capital structure: The ~ $221M cash infusion materially increases the company’s cash position, while the warrant repurchase reduces potential future dilution.
- Balance-sheet simplification: Paying off and terminating the loan removes interest-bearing debt and releases lender liens/guaranties, improving financial flexibility.
- Market identity: The corporate name and Nasdaq ticker change (to Huckleberry.ai / HUCK) reflect the company’s rebranding after the Transactions; trading continuity is preserved (CUSIP unchanged).
- The filing also includes the company’s customary forward-looking statements disclaimer; investors should refer to the company’s SEC filings for additional risk disclosures.