secwatch.observer — SEC 8-K summary
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Issuer:     DoorDash, Inc. (DASH)
CIK:        0001792789
Form:       8-K
Filed at:   2022-04-14T23:59:59+00:00
Accession:  0001193125-22-105587
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DoorDash amends Wolt deal terms; adds liquidation preference top-up and option substitution
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- April 9 amendment adds liquidation preference top-up shares for Wolt preferred holders; revises vested option treatment.
- Vested Wolt options cancelled at closing; continuing employees get substitute DoorDash options, others get DoorDash Class A common stock.
- Base total share consideration unchanged at 39,382,172 DoorDash shares, subject to cash, debt, and working capital adjustments.
- Consideration adjustments use fixed DoorDash price of $206.4513/share; current price $104.72 as of April 11.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792789/000119312522105587/0001193125-22-105587-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792789/000119312522105587/d514690d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-105587

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