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eXp World Holdings plans to move to Texas in April 2026, citing governance, amid a Delaware court-allowed lawsuit over CEO Glenn Sanford’s handling of sexual assault claims by top agents.
eXp World Holdings plans to reincorporate in Texas, seeking shareholder approval for the move at its April 2026 meeting, citing clearer governance and long-term stability.
The decision follows a Delaware court ruling allowing a lawsuit to proceed, alleging CEO Glenn Sanford concealed sexual assault claims by top agents linked to the company’s revenue model.
While eXp says the shift won’t impact operations or assets, the timing has drawn scrutiny amid ongoing legal challenges.
The company reported $4.8 billion in net revenue in 2025, with a slight rise in net loss to $22.7 million.
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eXp World Holdings planea mudarse a Texas en abril de 2026, citando la gobernanza, en medio de una demanda permitida por el tribunal de Delaware sobre el manejo del CEO Glenn Sanford de reclamos de agresión sexual por parte de agentes de alto rango.