secwatch.observer — SEC 8-K summary
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Issuer:     DoorDash, Inc. (DASH)
CIK:        0001792789
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001628280-21-022563
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

DoorDash to acquire Wolt for ~€7B in all-stock deal, expects 1H 2022 close
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- All-stock transaction valued at ~€7 billion; DoorDash equity priced at $206.45/share based on 30-day VWAP.
- Wolt operates in 23 countries with 4,000+ employees; Miki Kuusi to lead DoorDash International post-close.
- Expects deal to be accretive to GOV growth in 2022; pro forma combined Adj. EBITDA of $0-$500M in 2022.
- Retention pool of ~€500M reserved for Wolt management and employees; majority of Wolt shareholders support deal.
- Transaction subject to regulatory approvals; closing currently expected in first half of 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792789/000162828021022563/0001628280-21-022563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792789/000162828021022563/dash-20211109.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-022563

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer