Archer Aviation announced the voting results from its 2026 Annual Meeting of Stockholders, where a key proposal to redomesticate the company from Delaware to Texas failed to receive the necessary approval. Shareholders did, however, approve the election of two directors, the company's accounting firm, and executive compensation.
Key Details
- Redomestication Rejected: The proposal to change the company's state of incorporation to Texas did not pass, receiving 234.1 million votes for and 44.5 million against.
- Director Elections: Barbara Pilarski and Maria Pinelli were elected as Class II directors to serve until the 2029 annual meeting.
- Other Approved Items: Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent auditor for fiscal year 2026 and approved, on an advisory basis, the compensation for the company's named executive officers.