DoorDash Files 8-K on Feb 15, Citing Financial & Other Events
Ticker: DASH · Form: 8-K · Filed: Feb 15, 2024 · CIK: 1792789
Sentiment: neutral
Topics: 8-K Filing, Regulatory Filing, Corporate Disclosure
Related Tickers: DASH
TL;DR
**DoorDash filed a standard 8-K on Feb 15, indicating potential financial updates are coming.**
AI Summary
DoorDash, Inc. filed an 8-K on February 15, 2024, reporting on items related to Results of Operations and Financial Condition, Regulation FD Disclosure, and Other Events. This routine filing, with Commission File Number 001-39759, indicates the company's ongoing compliance with SEC reporting requirements. The company's principal executive offices are located at 303 2nd Street, South Tower, 8th Floor, San Francisco, California 94107.
Why It Matters
This filing serves as a routine disclosure to inform investors about potential significant events or financial updates at DoorDash, Inc. While specific details are not provided in this excerpt, it signals the company's ongoing compliance with SEC reporting requirements.
Risk Assessment
Risk Level: low — The filing itself is a routine disclosure and does not contain any specific information that would indicate a high or medium risk event.
Key Numbers
- February 15, 2024 — Filing Date (Date of earliest event reported)
- 001-39759 — SEC File Number (DoorDash's SEC Commission File Number)
Key Players & Entities
- DoorDash, Inc. (company) — registrant
- February 15, 2024 (date) — date of report
- 303 2nd Street, South Tower, 8th Floor (address) — business address
- San Francisco (city) — business address
- California (state) — business address
- 94107 (zip_code) — business address
- 650-487-3970 (phone_number) — business phone
- Delaware (state) — jurisdiction of incorporation
- 001-39759 (identifier) — Commission File Number
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant is DoorDash, Inc.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is February 15, 2024.
What items of information are disclosed in this 8-K filing?
The filing includes Item Information regarding Results of Operations and Financial Condition, Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits.
What is DoorDash, Inc.'s Commission File Number?
DoorDash, Inc.'s Commission File Number is 001-39759.
Where are the principal executive offices of DoorDash, Inc. located?
The principal executive offices are located at 303 2nd Street, South Tower, 8th Floor, San Francisco, California 94107.
Filing Stats: 904 words · 4 min read · ~3 pages · Grade level 10.9 · Accepted 2024-02-15 16:07:11
Key Financial Figures
- $0.00001 — red Class A common stock, par value of $0.00001 per share DASH The Nasdaq Stock Market
- $1.1 billion — stock, in an aggregate amount of up to $1.1 billion. This program is in addition to the pri
- $750 million — epurchase program for the repurchase of $750 million shares of Class A common stock, which w
Filing Documents
- dash-20240215.htm (8-K) — 26KB
- dashq42023ex991-pressrelea.htm (EX-99.1) — 429KB
- dashq42023ex992-shareholde.htm (EX-99.2) — 35KB
- image1611.jpg (GRAPHIC) — 5KB
- image161b.jpg (GRAPHIC) — 5KB
- image_1312.jpg (GRAPHIC) — 7KB
- image_131b.jpg (GRAPHIC) — 7KB
- imagea.jpg (GRAPHIC) — 116KB
- 0001628280-24-005043.txt ( ) — 859KB
- dash-20240215.xsd (EX-101.SCH) — 2KB
- dash-20240215_lab.xml (EX-101.LAB) — 25KB
- dash-20240215_pre.xml (EX-101.PRE) — 13KB
- dash-20240215_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 15, 2024 , DoorDash, Inc. ("DoorDash" or the "Company") issued a press release announcing its financial results for the quarter ended December 31, 2023. DoorDash also issued a Letter to Shareholders to provide additional information about DoorDash and its performance. Copies of the press release and Letter to Shareholders are attached as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On February 15, 2024 , DoorDash posted supplemental investor materials on the investor relations section of its website (ir.doordash.com). DoorDash announces material information to the public about DoorDash, its products and services, and other matters through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts, the investor relations section of its website (ir.doordash.com), its blog (doordash.news) and its X account (@DoorDash) in order to achieve broad, non-exclusionary distribution of information to the public and for complying with its disclosure obligations under Regulation FD. The information in Item 2.02 and Item 7.01 of this Current Report on Form 8-K, and Exhibit 99.1 and Exhibit 99.2 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Other Events
Item 8.01 Other Events. On February 15, 2024, DoorDash announced the authorization of a share repurchase program for the repurchase of shares of its Class A common stock, in an aggregate amount of up to $1.1 billion. This program is in addition to the prior repurchase program for the repurchase of $750 million shares of Class A common stock, which was completed in the fourth quarter of fiscal 2023. The Company's board of directors expects to assess any future repurchase programs based on its balance sheet, expected free cash flow, and alternative investment opportunities at the time. Any future authorization will be approved and executed consistent with the the Company's capital allocation strategy. Repurchases may be made from time to time through open market repurchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 of the Exchange Act. DoorDash may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. The repurchase program does not obligate the Company to acquire any particular amount of its Class A common stock, and it may be suspended at any time at the Company's discretion. The timing and actual number of shares repurchased may depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated February 15, 2024 99.2 Letter to Shareholders dated February 15, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DOORDASH INC. Date: February 15, 2024 /s/ Tony Xu Tony Xu Chief Executive Officer