Delaware court validates Latch's share increase and certificate of incorporation, resolving legal uncertainty

Latch, Inc.

Court of Chancery granted order validating Share Increase Amendment (authorized shares from 275M to 1B) and New Certificate of Incorporation as of June 4, 2021.
Order also validates all shares issued in reliance, including 84,511,204 shares issued to Legacy Latch stockholders in merger.
Petition filed March 10, 2023, to resolve uncertainty from a prior court decision; order granted March 29, 2023.
This removes potential legal challenges to the company's capital structure.

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