Official Home of the DExit Movement. 🇺🇸 America’s business migration, tracked in real time. Companies, capital & talent leaving high-cost, high-risk states
🚨 NEW: CATHETER PRECISION’S BOARD WANTS OUT OF DELAWARE — AND SAYS THE STATE COSTS IT ABOUT $200,000 A YEAR IN FRANCHISE TAXES.
The public company’s board is unanimously recommending shareholders approve a move to Nevada. In the proxy filed today, it specifically cites lower fees, reduced litigation risk, broader protections for directors and officers, and greater corporate flexibility as reasons to leave Delaware.
The filing is unusually explicit about the economics and legal calculus driving DExit.