eXp World Holdings Proposes Moving Incorporation From Delaware to Texas

eXp World Holdings, the parent of eXp Realty, is asking shareholders to approve moving its state of incorporation from Delaware to Texas, according to a preliminary proxy statement filed with the Securities and Exchange Commission for its April 24, 2026, annual meeting.

The redomestication, to be carried out by conversion, was recommended by a special independent committee of the board made up of directors Peggie Pelosi and Fred Reichheld. Approval requires the votes of a majority of outstanding shares and, separately, a majority of the votes cast by disinterested stockholders, excluding shares held by stockholders the company considers affiliated, including founder, chairman and Chief Executive Glenn Sanford.

The proposal comes weeks after the Delaware Court of Chancery refused to dismiss a shareholder derivative suit accusing Sanford and other current and former directors of failing to respond to reports of sexual assaults by top eXp agents. Every current board member other than Pelosi and Reichheld is a defendant in that case. Shareholders will also vote on the election of six directors, ratification of the auditor and an advisory vote on executive pay.