Archer Aviation's proposal to redomesticate from Delaware to Texas failed to win the required approval at its June 26 annual meeting, the company disclosed in a securities filing. The measure needed a majority of all outstanding shares; it drew about 234.1 million votes in favor and 44.5 million against but was undercut by roughly 201.8 million broker non-votes, leaving Archer incorporated in Delaware. Shareholders did elect both director nominees and ratified PricewaterhouseCoopers as the company's auditor.
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