Gunderson Dettmer Advises Underwriters Morgan Stanley, Allen & Company on Domo Initial Public Offering


REDWOOD CITY, Calif., July 03, 2018 (GLOBE NEWSWIRE) -- Gunderson Dettmer advised the underwriters on Domo, Inc.’s initial public offering of 10,580,000 shares at the price to the public of $21.00 per share for a total of $222,180,000 in aggregate gross proceeds. IPOs and equity capital markets partner Richard Blake, corporate partner Brooks Stough and associates Darin See, Owais Mahesri and Allie Hastings led the team advising the underwriting syndicate.

Morgan Stanley & Co. LLC, Allen & Company LLC, Credit Suisse Securities (USA) LLC and UBS Securities LLC acted as the joint book-running managers for the offering. Cowen and Company, LLC, JMP Securities LLC and William Blair & Company, L.L.C. acted as co-managers for the offering.

Domo, which trades on the Nasdaq under the ticker symbol “DOMO,” is an operating system that powers a business, enabling all employees to access real-time data and insights and take action from their smartphone. This is possible because Domo digitally connects all the people, data and systems in an organization.

Monica Rodriguez Kuniyoshi
Chief Marketing Officer
Phone: 650-463-5337 | Fax: 650-618-3264
Email: mkuniyoshi@gunder.com