Company: DOMO
Filing Date: 2025-05-13
Form Type: DEF 14A
Source: 0001505952-25-000062
Chunk: 75

Company: DOMO, INC.
Filing Date: 2025-05-13
Form: DEF 14A
Chunk 75
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 proposed agreement, our audit committee shall consider the relevant facts and circumstances available and deemed relevant to the audit committee, including, but not limited to:

• the benefits and perceived benefits to us;

• the materiality and character of the related party’s direct and indirect interest;

• the availability of other sources for comparable products or services;

• the terms of the transaction; and

• the terms available to unrelated third parties under the same or similar circumstances.

In reviewing proposed related party transactions, the audit committee will only approve or ratify related party transactions that are in, or not inconsistent with, the best interests of us and our stockholders.

The transactions described below were consummated prior to our adoption of the formal, written policy described above, and therefore the foregoing policies and procedures were not followed with respect to the transactions. However, we believe that the terms obtained or consideration that we paid or received, as applicable, in connection with the transactions described were comparable to terms available or the amounts that would be paid or received, as applicable, in arm’s-length transactions.

Transactions with Joshua G. James and His Affiliates

Registration Rights Agreement

We entered into a registration rights agreement (the “Registration Rights Agreement”) with Mr. James, our Founder, CEO and member of our board of directors, pursuant to which Mr. James has the right to require us to register the offer and sale of shares of Class A common stock (including shares of Class A common stock issued upon conversion of Class B common stock) held by Mr. James or his affiliates (such rights are referred to as “registration rights”). This Registration Rights Agreement expired on 11:59 p.m. (Pacific time) on March 1, 2025.

Mr. James had the right to demand that we use best efforts to file a registration statement for the registration of the offer and sale of at least that number of shares with anticipated offering proceeds in excess of $20.0 million. We were only obligated to file up to two registration statements in connection with the exercise of demand registration rights. These registration rights were subject to specified conditions and limitations, including our ability to defer the filing of a registration statement with respect to an exercise of such demand registration rights for up to 90 days under certain circumstances.

At any time that we were eligible to use a registration statement on Form S-3, Mr. James had the right to demand that we file a registration statement on Form S-3 so long as the aggregate number of shares to be offered and sold under such registration statement on