secwatch.observer — SEC 8-K summary
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Issuer:     DoorDash, Inc. (DASH)
CIK:        0001792789
Form:       8-K
Filed at:   2022-06-01T23:59:59+00:00
Accession:  0001628280-22-015815
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

DoorDash closes Wolt acquisition; updates Q2 GOV guidance upward
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- Closed Wolt acquisition on May 31, 2022, issuing ~46.2M shares of Class A common stock.
- Updated Q2 stand-alone Marketplace GOV to $12.5B-$12.7B (prior $12.1B-$12.5B).
- Combined Q2 GOV guidance $12.8B-$13.0B, including ~$800M-$850M from Wolt.
- Wolt stand-alone Q2 Adjusted EBITDA guidance of $(80M)-(70M); combined EBITDA unchanged at $0-$100M.
- Retention RSUs for ~7.3M shares issued to Wolt continuing employees, vesting over 4 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792789/000162828022015815/0001628280-22-015815-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792789/000162828022015815/dash-20220531.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-015815

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