SCHEDULE: Domo, Inc. - Ownership Update by AIGH Capital Management

AIGH Capital Management and affiliated entities report a 6.9% beneficial ownership of Domo, Inc.'s Class B Common Stock.

Summary

• AIGH Capital Management, LLC, AIGH Investment Partners, L.L.C., and Orin Hirschman have jointly filed a Schedule 13G.
• The filing indicates beneficial ownership of 2,880,000 shares of Domo, Inc.'s Class B Common Stock.
• This represents 6.9% of the class of securities.
• The reported shares include those purchasable upon the exercise of options.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports on existing ownership levels rather than new strategic developments or financial performance.

Positives

• Significant ownership stake reported by AIGH Capital Management and affiliates, indicating investor confidence.
• The ownership percentage of 6.9% suggests a notable position in Domo, Inc.

Future Outlook

No specific forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors who acquire more than 5% of a company's stock. This filing indicates a substantial passive investment in Domo, Inc. by AIGH Capital Management and its affiliates.

Stakeholder Impact

• Shareholders: The filing provides transparency on significant ownership, which can influence market perception and trading activity.

Key Dates

Keywords

Domo, Inc., Class B Common Stock, Schedule 13G, Beneficial Ownership, AIGH Capital Management, Orin Hirschman, Investment Partners