Another achievement goes to DoorDash!
And, it’s official! DoorDash is set to become a Nevada-incorporated company.
Specifically, shareholders who are controlling around 54 percent of the delivery platform’s voting power agreed to end its incorporation in Delaware, heading west, according to a filing with the Securities and Exchange Commission earlier this week.
From Delaware, to Nevada, where Las Vegas is? Fabulous!
This move was made with the written consent of the shareholders, which include DoorDash co-founders Tony Xu, Andy Fang, and Stanley Fang, as stipulated on the filing. The board of directors of DoorDash had unanimously recommended reincorporating in Nevada.
A Nevada-incorporated company is legally formed under Nevada state law. It follows Nevada’s corporate requirements, maintains registration there, and receives the legal protections and obligations associated with incorporation in the state. More delivery news when you open your RSF account today!