SCHEDULE: Ameriprise Financial Updates Domo Stake to 7.6%

Ameriprise Financial, Inc. and its subsidiaries have updated their beneficial ownership in Domo, Inc.'s Class B Common Stock to 7.6%.

Summary

• Ameriprise Financial, Inc. reported beneficial ownership of 2,803,811 shares of Domo, Inc.'s Class B Common Stock, representing 7.6% of the class.
• Several Ameriprise subsidiaries, including TAM UK International Holdings Limited, Threadneedle Holdings Limited, and Threadneedle Asset Management Limited, each reported shared beneficial ownership of 2,662,020 shares, equating to 7.2% of the class.
• The shares are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Domo, Inc.

Sentiment

Score: 5

Explanation: The filing is a routine beneficial ownership disclosure, indicating a passive investment. It does not contain information that would inherently convey positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

No forward-looking statements or guidance are provided by Domo, Inc. in this beneficial ownership filing.

Industry Context

Schedule 13G filings are routine disclosures by institutional investors who acquire more than 5% of a company's voting stock, indicating a passive investment intent. This filing provides transparency regarding significant ownership stakes in publicly traded companies, allowing the market to see which large entities hold positions without intending to influence management or control.

Stakeholder Impact

• Shareholders are informed of a significant institutional investor's passive stake in the company, providing transparency regarding the ownership structure.

Key Dates

Keywords

Domo Inc, Ameriprise Financial, Beneficial Ownership, SEC Filing, Class B Common Stock, Institutional Investment, Schedule 13G, Investment Management