---
schema_version: "secwatch.filing_event.v1"
accession: "0001826000-23-000035"
form_type: "8-K"
ticker: "LTCH"
cik: "0001826000"
company_name: "Latch, Inc."
filed_at: "2023-03-16T23:59:59+00:00"
generated_at: "2026-06-18T00:55:30.790124+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Latch files Delaware Chancery petition to validate 1B-share increase after Boxed ruling

## Summary
- Filed §205 petition to validate Second Amended Certificate (raising authorized shares from 275M to 1B) and all shares issued.
- Uncertainty arose from Garfield v. Boxed decision suggesting separate Class A vote may have been required for the increase.
- Company says a majority of Class A shares (60.2%) voted in favor, but separate class vote was not formally solicited.
- Expedited hearing set for March 29, 2023; failure could impair equity financing, stock compensation, and Nasdaq listing.
- As of Feb 28, 2023, 145.3M shares outstanding, below original 275M cap, but validation still sought for capital-structure certainty.

## SEC filing metadata
- accession: 0001826000-23-000035
- form_type: 8-K
- ticker: LTCH
- cik: 0001826000
- company_name: Latch, Inc.
- filed_at: 2023-03-16T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826000/000182600023000035/0001826000-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826000/000182600023000035/lat-20230310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001826000-23-000035
- JSON: https://secwatch.observer/filing/0001826000-23-000035.json
- Plain text: https://secwatch.observer/filing/0001826000-23-000035.txt

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