Corporate ActionJun 10, 2026, 05:11 PM
Dream Finders Homes Reincorporates to Texas
AI Summary
Dream Finders Homes, Inc. announced its reincorporation from the State of Delaware to the State of Texas, effective June 9, 2026. This change means the company's internal affairs are now governed by Texas law, including its new certificate of formation and bylaws. The reincorporation did not alter the company's business, management, properties, employees, assets, or liabilities, and its Class A common stock continues to trade on the NYSE under "DFH." Additionally, the board approved new indemnification agreements for directors and executive officers, governed by Texas law.
Key Highlights
- Dream Finders Homes reincorporated from the State of Delaware to the State of Texas, effective June 9, 2026.
- The company's internal affairs are now governed by Texas law, including its new certificate of formation and bylaws.
- The reincorporation did not result in any change to the company's business, management, properties, employees, assets, or liabilities.
- Each outstanding share of Class A and Class B common stock automatically converted 1-for-1 to Texas corporation stock.
- Outstanding restricted stock and equity awards also converted to Texas corporation equivalents under the same terms and conditions.
- The Texas Corporation Class A common stock continues to trade on the NYSE under the symbol "DFH".
- New indemnification agreements, governed by Texas law, were approved for directors and executive officers.
Price Impact
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