SMU Corporate Governance Initiative · Reincorporation Tracker

MercadoLibre, Inc.

MELINasdaq Internet Retail · DE → TX

Announcement
2025-04-28
First SEC disclosure
Meeting / Vote
2025-06-17
WITHDRAWN
Effective
Legal effective date
Market Cap
$80.6B
At announcement

Why this firm matters

Mid-to-large-cap firm ($80.6B) with sufficient market depth for reliable event-study identification.

Vote outcome — reincorporation proposal

Approval standard: majority of votes cast. Meeting type: annual.

Vote totals not yet pulled. Awaiting EDGAR Item 5.07.

Event-study abnormal returns — announcement window

Returns around the announcement date.

No announcement-window CARs available for this firm yet.

Event-study abnormal returns — vote window

Returns around the shareholder-vote (or written-consent) date.

No vote-window CARs available for this firm yet.

Long-run abnormal returns & pooled estimates

Buy-and-hold abnormal returns (1 / 3 / 6 / 12 months) and calendar-time portfolio alpha (CTE) post-effective.

No long-run / pooled estimates available for this firm yet — run phase5z_compute_longrun.py on Windows to populate (requires effective date ≥ 3 months ago).

Cohort-level robustness battery

Heckman selection-corrected ATE · Romano-Wolf step-down + BH FDR · pooled BHAR. This firm's reading is shown in context of the full cohort.

Heckman two-step selection correction (controlled-vs-widely-held)

Cohort ATE = +0.94% (SE = 7.06%, n = 2395) after correcting for controller-status selection (inverse Mills ratio = -0.062).

Romano-Wolf step-down + Benjamini-Hochberg FDR (n = 47)

This firm: per-firm adjusted p-values pending. Multiple-hypothesis correction is computed across the full cohort to control family-wise error rate at alpha = 0.05.

Pooled cohort BHAR (mover firms only)

BHAR_63d: mean = -5.60% (SE = 22.11%, n = 3, p = 0.499) · BHAR_126d: mean = +17.33% (SE = 41.17%, n = 3, p = 0.774)

See Cohort event study → for the full battery and forest plots.

Texas Statutory Adoptions

Status: N/A pending reincorporation.

The Texas opt-in statutory regimes (TBOC §21.552 / SB 29 derivative threshold; TBOC §21.373 / SB 1057 shareholder-proposal threshold) are available only to firms that are nationally listed Texas corporations. MercadoLibre, Inc. is not yet Texas-incorporated; the move is pending shareholder vote with a proposed effective date of TBD. These adoptions can be elected only on or after the firm's TX effective date.

Source filings

Primary-source documents on SEC EDGAR plus IR / search links.
Source filings pending EDGAR backfill. No primary-source filings are presently linked in the canonical record for this firm. Until backfill completes, see SEC EDGAR company browse (CIK 0001099590) → for the live filings list.

Classification & audit trail

Bucket
WITHDRAWN
Panel eligibility
Audit status
Source confidence
Transaction status
Audit notes
[2026-06-11] Added per Shane. MercadoLibre (Delaware corporation) included Proposal Four — redomestication from Delaware to Texas by conversion — in its 2025 DEF 14A (filed 2025-04-28, acc 0001099590-25-000020) for the June 17, 2025 annual meeting. On 2025-06-09 the Company filed DEFA14A Supplement No. 2 (acc 0001999371-25-007474) WITHDRAWING Proposal Four from shareholder consideration; it was not presented or voted. Verbatim: 'The Company has withdrawn Proposal Four - Vote to Approve Redomestication of MercadoLibre, Inc. From Delaware to Texas By Conversion from shareholder consideration.' Classified WITHDRAWN; panel_b=0 (never voted/effective).

Related firms

Use these for cross-firm sanity checks — peers in size, sector, or destination.
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same sector
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same destination
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