Domo Is Now Public


As of today, Domo is officially a public company.

Domo has announced the pricing of its initial public offering: 9.2 million shares of Class B stock at $21 per share. The shares begin trading today under the symbol "DOMO" and are expected to close on July 3. Founder/CEO Josh James has already rung the Nasdaq bell, so you know things are very real.

With the offering, Domo is now valued around $510 million - roughly a quarter of their pre-IPO valuation. Where we go from here remains to be seen, though Domo's filing gave us a clearer window into the company's state and presumably readjusted expectations moving forward.


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