DoorDash announced that stockholders holding a majority of the company's voting power have approved a plan to reincorporate the company from the State of Delaware to the State of Nevada. The approval was granted via written consent in lieu of a formal meeting.
Key Details
- Action Approved: Reincorporation of the company from Delaware to Nevada by conversion.
- Voting Power: The approval was passed by a group of stockholders, including the co-founders, who collectively hold approximately 54.2% of the company's total voting power as of August 6, 2026.
- Timeline: The Nevada reincorporation is planned to become effective no earlier than 20 calendar days after the company mails a Schedule 14C information statement to all stockholders of record.