new-site/docs/dexit-cited-filings.md
justin b5b2e6e6c3 site: add DEXIT corporate-services page + readiness assessment + cited filings
New page /services/corporate/dexit-reincorporation (matches CRTC service-page
structure): explains DEXIT, the DE franchise-tax dollar driver (real Oracle Health
proxy: $23,600 -> ~$1,000), NV/TX/FL destination guidance, 6-step how-it-works,
3 cited real SEC reincorporation filings (Oracle Health, FG Financial, LogicMark)
with verbatim quotes + EDGAR links, honesty callout, and a lead-gen CTA ('Get my
DEXIT estimate' -> /contact?topic=dexit, NOT a buy-now checkout). Linked from the
corporate services index (new card) + the global Services dropdown across the site.

docs/dexit-cited-filings.md: the filing excerpts + verified gov/statute links.
docs/dexit-readiness-assessment.md: HONEST e2e readiness -- new NV/TX formation is
built (checkout order_type=formation -> formation_orders -> ERPNext SO ->
formation_worker -> TX/NV adapters) but unverified e2e; the 'move a company'
(conversion/domestication) flow + corporate annual-report automation are NOT built;
EIN is kept on a conversion (our ein_worker does NEW EINs only). Page stays lead-gen
until the generic entity-conversion SKU + admin-assisted handler are built+tested.
2026-06-09 07:35:12 -05:00

4.2 KiB

DEXIT outreach: cited SEC filings (proof for copy + a "verify it yourself" block)

Real reincorporation filings from OTC/microcap issuers, with verbatim excerpts and links. Use these to back the email claims and on any proof page. All are public on SEC EDGAR; the recipient can open them and verify in under a minute. Pulled 2026-06-09.


1. Oracle Health, Inc. - DE -> NV (the dollar-figure proof)

Definitive proxy explaining the reincorporation. The single best citation because it puts a hard number on the Delaware franchise-tax pain for a microcap.

"we anticipate that the Reincorporation will result in reduced corporate tax obligations, as Nevada currently imposes no corporate income or franchise tax, while Delaware imposes an annual franchise tax, ranging from $175 to a maximum of $200,000. Despite that we are a pre-revenue startup, our Delaware franchise tax obligation for fiscal year 2021 reached $23,600. Nevada only charges corporations incorporated in Nevada nominal annual corporate fees ... We anticipate that our obligation for this annual fee will be approximately $1,000 ..."

"Nevada is a nationally-recognized leader in adopting and implementing comprehensive and flexible corporation laws ... Nevada courts have developed considerable expertise in dealing with corporate legal issues and have produced a substantial body of case law construing Nevada corporation laws."

"The Articles of Incorporation of Oracle NV limit the liability of its directors and officers to the maximum extent permitted by Nevada law. As a result, a director or officer will have no personal liability ... except for (a) acts or omissions which involve intentional misconduct, fraud or a knowing violation of law, or (b) the payment of distributions in violation of section 78.300 of the Nevada Revised Statutes."

Link: https://www.sec.gov/Archives/edgar/data/1777274/000121390022032759/ea161576-1u_oraclehealth.htm (CIK 0001777274, accession 0001213900-22-032759)


2. FG Financial Group, Inc. (FGF) - DE -> NV (shareholder-approved, by merger)

8-K reporting the vote. Shows the standard mechanic: a plan of merger into a wholly owned Nevada sub.

"Approval of Reincorporation from Delaware to Nevada - Stockholders approved the Agreement and Plan of Merger, dated as of October 19, 2022, by and between the Company and FG Financial Group, Inc., a Nevada corporation and a wholly owned subsidiary of the Company ..."

Link: https://www.sec.gov/Archives/edgar/data/1591890/000149315222034739/form8-k.htm (CIK 0001591890, accession 0001493152-22-034739)


3. LogicMark, Inc. (LGMK) - DE -> NV (proxy advisor endorsed it)

DEFA14A noting the proxy-advisory firm ISS recommended a "For" vote on the move - useful third-party validation that this is mainstream, not fringe.

"ISS endorsed the Company's proxy proposals ... approve the reincorporation from Delaware to Nevada and recommended a vote 'For' ..."

Link: https://www.sec.gov/Archives/edgar/data/1566826/000121390022047897/ea164428-defa14a_logicmark.htm (CIK 0001566826, accession 0001213900-22-047897)


How big is the trend (also citable)

EDGAR full-text search (efts.sec.gov), reincorporation/redomestication mentions by destination state, pulled 2026-06-09:

Statutory / fee sources to cite (let a CFO fact-check in 60s)