Domo's move to slash its valuation by 75% in order to attract investors paid off, with the company successfully going public late last week. As Domo offered 9.2 million shares at $21 apiece (slightly above the mid-point of its $19-$21 price range), the gross proceeds were $193 million.
Domo's IPO Proceeds Will Give It Runway Through 2019, But It May Need To Raise More Funding
Forbes - 3 Jul 2018 15:50
Domo's move to slash its valuation by 75% in order to attract investors paid off, with the company successfully going public late last week. As Domo offered 9.2 million shares at $21 apiece (slightly above the mid-point of its $19-$21 price range), the gross proceeds were $193 million.
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