SCHEDULE 13G/A: RPD Fund Management and Ahmet H. Okumus Disclose 6.1% Stake in DOMO, INC. Class B Common Stock

RPD Fund Management LLC and Ahmet H. Okumus have jointly filed an amended Schedule 13G, disclosing a beneficial ownership of 6.1% of DOMO, INC.'s Class B Common Stock as of December 31, 2024.

Summary

• RPD Fund Management LLC and Ahmet H. Okumus jointly beneficially own 2,182,018 shares of DOMO, INC.'s Class B Common Stock.
• This ownership represents 6.1% of the Class B Common Stock outstanding.
• The filing is an Amendment No. 1 to a Schedule 13G, indicating a previous filing.
• The event date requiring this filing was December 31, 2024.
• The securities are held in the ordinary course of business and not for the purpose of changing or influencing control of DOMO, INC.
• RPD Fund Management LLC is organized in Delaware, and Ahmet H. Okumus is a citizen of the Republic of Turkey.
• All reported securities are directly owned by advisory clients of RPD Fund Management LLC, with no single client beneficially owning more than 5%.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, which is neutral in sentiment. It provides no positive or negative operational or financial news about the company itself.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding DOMO, INC.'s future performance or operations.

Industry Context

This filing is a routine disclosure of a significant passive investment stake by an investment firm and an individual, common in the financial industry for transparency regarding large shareholdings. It does not provide specific insights into broader industry trends or competitive dynamics beyond the ownership structure of DOMO, INC.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant ownership stake by RPD Fund Management LLC and Ahmet H. Okumus, which can influence market perception and trading activity.

Key Dates

Keywords

DOMO, INC., Class B Common Stock, RPD Fund Management LLC, Ahmet H. Okumus, Schedule 13G/A, Beneficial Ownership, SEC Filing, Investment Management, Shareholder Disclosure