Natural Grocers shareholders approve reincorporation from Delaware to Texas
NGVC•Shareholders holding 13,215,255 shares, about 57.3% of voting power, approved Natural Grocers’ move from Delaware to Texas. The Texas charter sets a 3% ownership threshold for shareholder derivative proceedings; headquarters will remain in Lakewood, Colorado.
1. Shareholders approve move
Natural Grocers’ board unanimously backed reincorporation from Delaware to Texas at its September 9, 2026, meeting. Shareholders holding 13,215,255 shares, representing approximately 57.3% of voting power, adopted the conversion plan by written consent that day.
2. Texas charter terms
Each outstanding common share will convert into one Texas corporation common share. The Texas charter sets a 3% ownership threshold for shareholder derivative proceedings, and the company’s headquarters will remain in Lakewood, Colorado.
