---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-21-023000"
form_type: "8-K"
ticker: "DASH"
cik: "0001792789"
company_name: "DoorDash, Inc."
filed_at: "2021-11-12T23:59:59+00:00"
generated_at: "2026-06-28T09:24:51.372047+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DoorDash to acquire Wolt Enterprises in all-stock deal valued at ~39.4M shares plus €500M retention pool

## Summary
- DoorDash issues ~39.4M Class A shares to acquire all Wolt shares and vested options; total value not disclosed.
- €500M retention pool established for Wolt employees, consisting of cash awards and RSUs vesting over 4 years.
- Termination fee of €210M payable by DoorDash if regulatory approvals are not obtained by end date.
- Certain Wolt shareholders (≥1.5% ownership) subject to lock-up on 75% of shares received, releasing in thirds over 150 days.
- Holders of ~62% of Wolt capital stock signed support agreements; boards of both companies approved the purchase.

## SEC filing metadata
- accession: 0001628280-21-023000
- form_type: 8-K
- ticker: DASH
- cik: 0001792789
- company_name: DoorDash, Inc.
- filed_at: 2021-11-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1792789/000162828021023000/0001628280-21-023000-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1792789/000162828021023000/dash-20211109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-21-023000
- JSON: https://secwatch.observer/filing/0001628280-21-023000.json
- Plain text: https://secwatch.observer/filing/0001628280-21-023000.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.