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Recent Updates — DELL

July 6, 2026View Source ↗

Dell Technologies Inc. approved amendments to its bylaws to implement Section 21.373 of the Texas Business Organizations Code, establishing specific ownership and solicitation requirements for shareholder proposals. Shareholders or groups must hold at least $1,000,000 in market value or 3% of outstanding voting shares for at least six months to submit a proposal, and must solicit 67% of voting power for approval. Dell Technologies Inc. is a technology company that provides computer hardware, servers, and data storage solutions.

July 1, 2026View Source ↗

Dell Technologies Inc. completed its redomestication from Delaware to Texas, effective July 1, 2026. Following stockholder approval at the 2026 annual meeting, the company transitioned its internal affairs to be governed by the Texas Business Organizations Code. A key change in the new Texas Certificate of Formation includes a provision prohibiting derivative proceedings against directors or officers unless the initiating shareholder or group beneficially owns at least 3% of the total outstanding shares. The redomestication did not alter the company's headquarters, management, assets, or liabilities, and all existing equity awards and stock classes converted automatically. Dell Technologies Inc. is a technology company that provides computer hardware, software, and IT infrastructure solutions.

June 17, 2026View Source ↗

Between June 1 and June 12, 2026, Dell Technologies Inc. issued 3,438,364 shares of Class C common stock through the one-to-one conversion of an equal number of Class B common stock shares held by several Silver Lake Partners entities, including SL SPV-2, L.P. and Silver Lake Technology Investors V, L.P. Following these conversions, the company has 325,046,693 Class C shares and 44,351,394 Class B shares outstanding. The issuance was conducted without registration under Section 3(a)(9) of the Securities Act of 1933. Dell Technologies Inc. is a technology company that provides computer hardware, software, and IT infrastructure solutions.

June 10, 2026View Source ↗

Dell Technologies Inc. entered into a new senior unsecured revolving credit agreement on June 10, 2026, with JPMorgan Chase Bank, N.A. acting as administrative agent. The facility provides Dell International L.L.C. and EMC Corporation with aggregate revolving commitments of $6,000,000,000 and a letter of credit sub-facility of up to $500,000,000. The agreement matures on June 10, 2031, and allows for incremental commitments in minimum amounts of $10,000,000. Simultaneously, the company repaid and terminated all obligations under its existing credit agreement dated November 1, 2021. Dell Technologies Inc. is a technology company that provides computer hardware, software, and IT infrastructure solutions.