DoorDash is set to become a Nevada-incorporated company.
Shareholders controlling 54.2% of the delivery service’s voting power agreed to end its incorporation in Delaware and head west, according to a Tuesday filing with the Securities and Exchange Commission.
The move was made with the written consent of the shareholders, including cofounders Tony Xu, Andy Fang, and Stanley Tang, according to the filing. DoorDash’s board had unanimously recommended reincorporating in Nevada.
DoorDash is the latest company to decide to move out of Delaware. While it’s long been the top state for companies looking to incorporate, big names from Roblox to VC firm…
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