News & Analysis as of

Nevada Shareholders Securities and Exchange Commission (SEC)

Allen Matkins

Should Nevada Corporations Say Goodbye To Ratification Of Auditor Appointments?

Allen Matkins on

According to this Form 8-K filed on April 29, 2025, Tripadvisor, Inc. finally completed its reincorporation from Delaware to Nevada by means of a statutory conversion, which it erroneously denominated a...more

Allen Matkins

Another Post SB21 Proposal To Reincorporate From Delaware To Nevada

Allen Matkins on

The ink has barely dried on Delaware's hotly debated amendments to its General Corporation Law and already another company has proposed reincorporation in Nevada.  In preliminary proxy materials filed yesterday with the...more

Allen Matkins

Tempus Fugit Ad Nevada

Allen Matkins on

Three days after Delaware’s governor, Matt Meyer, signed into law controversial amendments to Delaware's General Corporation Law, another publicly traded company filed preliminary proxy materials with the Securities and...more

Allen Matkins

In Another Blow To Delaware's Hegemony Another Company Proposes Reincorporation In Nevada

Allen Matkins on

Yesterday, another Delaware corporation, Aerovate Therapeutics, Inc.,  filed a Form S-4 registration statement that includes a proposal to reincorporate from Delaware to Nevada.  The proposal is unfortunately titled "The...more

Allen Matkins

Is Lack Of Diversity The Cause Of DExit?

Allen Matkins on

Suddenly, DExit has moved from the theoretical to the real.  Over the last several months, several publicly traded companies have filed proxy materials with the Securities and Exchange Commission that include proposals to...more

Allen Matkins

Can Reincorporation And Share Increase Proposals Be Bundled?

Allen Matkins on

In this earlier post, I commented on the preliminary proxy materials filed by P.A.M. Transportation Services, Inc. (nka PAMT Corp)  At the time, my interest was the company's proposal to reincorporate in Nevada from...more

Allen Matkins

Corporation Proposes Fixes To Defective Amendments Increasing The Authorized Number Of Shares And Changing Name

Allen Matkins on

In 2020, GlobalTech Corporation, a Nevada corporation, filed an amendment to its articles of incorporation increasing its authorized number of shares of common stock from 10 million to 500 million.   The amendment was...more

Allen Matkins

Another Delaware Corporation Announces Stockholder Approval Of Nevada Reincorporation

Allen Matkins on

I continue to be on the lookout for Delaware corporations that have made the decision to reincorporate in Nevada.  Last Friday, Elevai Labs Inc. filed a preliminary information statement with the Securities and Exchange...more

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