{
  "ticker": "EXOD",
  "company": "Exodus Movement, Inc.",
  "cik": "0001821534",
  "exchange": null,
  "gics_sector": "Information Technology",
  "industry": "Information Technology",
  "logo_url": "https://www.google.com/s2/favicons?domain=exodus.com&sz=128",
  "from_state": "DE",
  "to_state": "TX",
  "effective_date_iso": "2025-12-10",
  "actual_effective_date_iso": "2025-12-10",
  "proposed_effective_date_iso": null,
  "source_confidence": "VERIFIED_VOTE",
  "is_legal_precedent": 0,
  "vote_mechanism": "WRITTEN_CONSENT",
  "approval_basis": "Written consent (no Item 5.07 tabulation)",
  "threshold_result": null,
  "event_type": null,
  "two_attempt_flag": 0,
  "prior_failed_vote_flag": 0,
  "governance_concession_redo_flag": 0,
  "subsequent_event_flag": 0,
  "subsequent_event_type": null,
  "subsequent_event_date_iso": null,
  "subsequent_event_note": null,
  "public_tier": "VERIFIED_TRACKER",
  "event_study_announcement_json": "{\"event_date\":\"2025-10-02\",\"event_tag\":\"announcement\",\"estimation_window\":\"2024-10-16 to 2025-10-01 (240 days)\",\"specifications\":[{\"name\":\"Synthetic control (20-donor Information Technology peer pool)\",\"day0_ar\":0.08648414749995614,\"p_value\":null,\"p_label\":\"no inference (point estimate)\",\"extra\":{\"pre_rmspe\":0.09580630154984823,\"n_donors\":20,\"top_weights\":{\"NOW\":0.3826,\"CRM\":0.3241,\"MSFT\":0.2043,\"AAPL\":0.0481,\"AMD\":0.0409},\"r2_pre\":-3.024385184497394}},{\"name\":\"Market model (SPY benchmark)\",\"day0_ar\":0.08238604788482143,\"p_value\":0.39742959612971696,\"p_label\":\"Patell-z p-value\",\"extra\":{\"alpha\":0.006476089115808935,\"beta\":1.052335592901696,\"r2\":0.017905970220271072}},{\"name\":\"Sector-augmented model (SPY + Nasdaq-100 (QQQ))\",\"day0_ar\":0.08256987962370217,\"p_value\":0.39638686310048143,\"p_label\":\"Patell-z p-value\",\"extra\":{\"alpha\":0.006486823221669058,\"beta_mkt\":1.1343048453637392,\"beta_sector\":-0.07029269104753977,\"r2\":0.01791277728945162},\"is_headline\":true},{\"name\":\"Matched pair (vs NOW, market-model-adjusted)\",\"day0_ar\":0.08575768260256125,\"p_value\":0.3863618452120239,\"p_label\":\"two-sided p-value\",\"extra\":{\"se\":0.09900059503946165,\"t\":0.8662340117084976}},{\"name\":\"Raw differential vs NOW\",\"day0_ar\":0.09262777663028288,\"p_value\":null,\"p_label\":\"no inference\",\"extra\":{}}],\"robustness\":{\"pretrend_test\":{\"slope_pct_per_day\":-0.012127766563664516,\"p_slope\":0.1826344413111447,\"verdict\":\"no_pretrend_detected\"},\"sign_test\":{\"n_same_direction\":16,\"n_total\":20,\"binomial_p_two_sided\":0.01181793212890625},\"synth_fit\":{\"pearson_corr\":0.033005150423238504,\"r_squared_levels\":-3.024385184497394,\"durbin_watson\":2.0153647063900046}},\"per_window\":[],\"_source\":\"Source A: phase4v cohort runner (5 specs + robustness, 2026-04-28 yfinance pull); joined into data.json by phase5z_join_full_battery.py\",\"event_kind\":\"announcement\",\"t0_source_field\":\"announcement_date_iso\"}",
  "announcement_date_iso": "2025-11-07",
  "meeting_date_iso": "2025-12-04",
  "vote_result": "APPROVED",
  "status_label": "COMPLETED",
  "market_cap_usdmm": 1420.0,
  "bucket_class": "B1",
  "public_bucket_code": "C",
  "public_bucket_label": "Post-SB29 DExit completed (Texas)",
  "public_bucket_subcode": "C-TX",
  "panel_eligibility": "PANEL_A_post_SB29",
  "transaction_status": "COMPLETED",
  "audit_status": "VERIFIED_PROXY",
  "audit_notes": "No primary-source EDGAR accession in v6 rev78; manual EDGAR pull required. | Phase 2 EDGAR verification 2026-04-28: DEF 14A 2026-03-17 accession 0001821534-26-000018. Reclassified from A/PANEL_E_DE_baseline -> D/PANEL_A_post_SB29. | Phase 2.6 correction 2026-04-27: Phase 2.5 had set bucket_class=D (pending), but legacy NV_eff_dt / TX_eff_dt columns already held completed effective dates. Corrected bucket_class=C (post-SB29 completed mover). Set Panel_A_reincorporator_flag=1, Panel_A_completed_effective_flag=1, bucket_C_post_SB29_DExit=1, and zeroed out bucket_A / bucket_Z / Panel_A_unverified flags. | [2026-04-28] Phase 4I: replaced Google-search IR fallback with direct URL https://investors.exodus.com/ | [2026-04-28] Phase 4N: synthesized event_study_announcement_json from existing scalar CAR cells (phase4a_v2 join). Reviewer can extend with multi-spec analysis.\n[2026-04-29] phase5k T2: EXOD written-consent DEF 14C (acc 0001140361-25-042404); source: https://www.sec.gov/Archives/edgar/data/1821534/000114036125042404/ny20056808x2_def14c.htm\n[2026-04-29] phase5k T2: EXOD DEF 14C URL paired with acc 0001140361-25-042404; source: https://www.sec.gov/Archives/edgar/data/1821534/000114036125042404/ny20056808x2_def14c.htm\n[2026-04-29] phase5k T2: EXOD vote_mechanism set to WRITTEN_CONSENT per DEF 14C; source: https://www.sec.gov/Archives/edgar/data/1821534/000114036125042404/ny20056808x2_def14c.htm\n[2026-04-29] phase5r: bucket 'C' -> 'B1' (DE->TX effective 2025-12-10 >= SB29 -> bucket B1)\n[2026-04-29] phase5w: comprehensive validation by external reviewer across tranches v4 (4-version full residual walk, 269 substantive answers across 52 firms, 0 bucket drifts vs v3.58) | [2026-04-29] v3.75: written-consent transaction; approval_pct NULL by design per protocol \u00a73.7. Standard derived from DGCL \u00a7228. Per-firm consent threshold pincite pending PRE 14C / 8-K review. | v3.84-rev2 SEVERE date correction: announcement_date_iso changed from 2025-10-02 to 2025-06-02. The October 2025 date was approximately 4 months too late and likely referenced an unrelated business event. The actual reincorporation disclosure was the DEF 14C filed June 2, 2025 (written consent executed May 22, 2025). Verified via EDGAR /Archives/. Reviewer-recommended; cross-confirmed by Grok+team and Anthropic Claude red-team passes. | v3.84-rev3 ROLLBACK + RE-CORRECTION: my v3.84-rev2 fix to 2025-06-02 was ALSO WRONG. The May/June 2025 written consent (acc 0001140361-25-020344 / 0001140361-25-021115) was a Delaware OFFICER-LIABILITY charter amendment, not a state reincorporation. Per reviewer's deep audit (Anthropic Claude, 2026-04-29) and Exodus 10-K: the actual DE\u2192TX reincorporation written consent was executed 2025-11-07; DEF 14C filed 2025-11-17 (acc 0001140361-25-042404 \u2014 matches vote_8k_acc); effective 2025-12-08. Date corrected to 2025-11-17 (DEF 14C filing). | v3.84-rev3a EXOD T0 refinement: shifted from 2025-11-17 (DEF 14C, acc 0001140361-25-042404) to 2025-11-07 (PRE 14C, acc 0001140361-25-041158) per primary-source review. Both filings reference the same November 7, 2025 written-consent execution; the PRE 14C is the first public SEC disclosure under our protocol's 'first SEC-filed disclosure' rule. The DEF 14C is the second filing made 10 calendar days later to satisfy Rule 14c-5(b)(2). Effective date 2025-12-08 unchanged. | v3.84-rev5 EXOD CONFLICT [2026-04-30]: External cell-audit reviewer recommends 2025-06-02 (DEF 14C). Current date 2025-11-07 (PRE 14C) was set by Shane after primary-source PDF review showing the 2025-06-02 filing was a Delaware officer-liability charter amendment, NOT the DE->TX reincorporation. HOLD pending explicit re-confirmation from Shane. No change applied. | v3.84-rev5b EXOD CONFLICT RESOLVED [2026-04-30]: Shane's primary-source PDF review of Exodus Movement DEF 14C (June 2, 2025) is DEFINITIVE. That filing's two actions are (1) director removal/re-election by written consent and (2) Delaware-law officer-exculpation charter amendment (DGCL \u00a7102(b)(7) extension). Action 2 explicitly states 'The State of Delaware, where the Company is incorporated, enacted legislation in 2022...' \u2014 confirming EXOD was still Delaware-incorporated on June 2, 2025. This filing is NOT the DE->TX reincorporation. The cell-audit reviewer's recommendation to use 2025-06-02 is therefore wrong. The current dataset value 2025-11-07 (PRE 14C) stands as the first SEC public disclosure of the DE->TX reincorporation. date_quality_flag upgraded MED -> HIGH; announcement_accession_verified set to Y.",
  "edgar_accession": null,
  "edgar_accession_note": null,
  "links": [
    {
      "label": "IR",
      "url": "https://investors.exodus.com/",
      "link_type": "ir"
    },
    {
      "label": "EDGAR",
      "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001821534&type=&dateb=&owner=include&count=40",
      "link_type": "search"
    },
    {
      "label": "Proxy",
      "url": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001821534&type=DEF+14A&dateb=&owner=include&count=40",
      "link_type": "search"
    }
  ],
  "car": {
    "value": -0.2772275213330763,
    "significant_5pct": 0,
    "specification": "panel_A_pooled_3primary",
    "source": "05_REVIEWER_AUDIT_PACKAGE/code/panelA_CAR_BHAR_matrix_v2.3.csv",
    "status": "ESTIMATED",
    "bhar_3mo": -0.182878,
    "pooled_3primary": -0.2772275213330763,
    "t0_a": -0.09092935239188148,
    "t0_b": -0.01264400827382169,
    "t0_c": -0.1736541606673731,
    "announce": {
      "value": -0.09092935239188148,
      "pvalue": null,
      "specification": "panel_A_T0_announcement",
      "event_date": null
    },
    "vote": {
      "value": -0.01264400827382169,
      "pvalue": null,
      "specification": "panel_A_T0_vote",
      "event_date": null
    }
  },
  "votes_for": null,
  "votes_against": null,
  "votes_abstain": null,
  "votes_broker_nonvote": null,
  "approval_pct": null,
  "votes_for_disinterested": null,
  "votes_against_disinterested": null,
  "votes_abstain_disinterested": null,
  "votes_broker_nonvote_disinterested": null,
  "approval_pct_disinterested": null,
  "approval_basis_disinterested": null,
  "announcement_PRE_14A_accession": null,
  "announcement_PRE_14A_url": null,
  "vote_source_8k_accession": "0001140361-25-042404",
  "vote_source_8k_url": "https://www.sec.gov/Archives/edgar/data/1821534/000114036125042404/ny20056808x2_def14c.htm",
  "vote_proposal_title": null,
  "meeting_type": null,
  "approval_standard": "majority of voting power of outstanding shares entitled to vote (written consent under DGCL \u00a7228 or state equivalent)",
  "companion_proposal": null,
  "proxy_advisors": null,
  "management_response": null,
  "press_coverage": [],
  "prior_vote": null,
  "panel_a_tx_incumbent": 0,
  "panel_b_dexit_mover": 1,
  "texas_statutory_adoptions": {
    "tboc_21_552": {
      "name": "SB 29 \u2014 TBOC \u00a721.552 derivative threshold",
      "adopted": 0,
      "source": null,
      "url": null,
      "date": null
    },
    "tboc_21_373": {
      "name": "SB 1057 \u2014 TBOC \u00a721.373 shareholder-proposal threshold",
      "adopted": null,
      "source": null,
      "url": null,
      "date": null
    }
  },
  "event_study_outcome_json": "{\"event_date\":\"2025-12-10\",\"event_kind\":\"outcome\",\"event_tag\":\"outcome\",\"t0_source_field\":\"actual_effective_date_iso\",\"estimation_window\":\"trailing 240 days; 240 valid after NaN drop\",\"specifications\":[{\"name\":\"Market model (SPY benchmark)\",\"day0_ar\":0.01879717352260823,\"p_value\":0.8282151354173306,\"p_label\":\"Patell-z p-value\",\"extra\":{\"alpha\":-0.0007229404481741026,\"beta\":1.7152762661480596,\"r2\":0.058227768646216926,\"sigma\":0.08640599181127682},\"is_headline\":true}],\"_meta\":{\"n_valid_pre_days\":240},\"_source\":\"Source B: phase4v3 NaN-safe runner (outcome/vote window, 2026-04-29 yfinance pull); joined by phase5z_join_full_battery.py\"}",
  "first_sec_disclosure_date": "2025-11-07",
  "first_sec_disclosure_form": "PRE 14C",
  "first_sec_disclosure_accession": "0001140361-25-041158",
  "first_sec_disclosure_url": "https://www.sec.gov/Archives/edgar/data/1821534/000114036125041158/",
  "announcement_source_type": "PRE14C",
  "announcement_accession_verified": "Y",
  "date_quality_flag": "HIGH",
  "controlled": null,
  "controller_pct_voting_power": null,
  "controller": null,
  "controller_source": "UNKNOWN",
  "event_study_longrun_json": "{\"event_kind\":\"longrun\",\"event_date\":\"2025-12-10\",\"t0_source_field\":\"actual_effective_date_iso\",\"horizons\":[{\"label\":\"BHAR_21d\",\"lay_label\":\"1 month\",\"horizon_days\":21,\"n_days_available\":21,\"bhar_vs_spy\":0.14617714294277362,\"bhar_vs_sector\":0.17175020470825508,\"sector_etf\":\"XLK\",\"patell\":{\"car\":0.16533936422025436,\"z\":0.39199304691788617,\"p_value\":0.6950633512840274,\"n\":21}},{\"label\":\"BHAR_63d\",\"lay_label\":\"3 months\",\"horizon_days\":63,\"n_days_available\":63,\"bhar_vs_spy\":-0.39583108343224205,\"bhar_vs_sector\":-0.3509347794933483,\"sector_etf\":\"XLK\",\"patell\":{\"car\":-0.41488140049297084,\"z\":-0.5678915916631604,\"p_value\":0.5701085817317717,\"n\":63}},{\"label\":\"BHAR_126d\",\"lay_label\":\"6 months\",\"horizon_days\":126,\"n_days_available\":96,\"bhar_vs_spy\":null,\"bhar_vs_sector\":null,\"sector_etf\":\"XLK\",\"patell\":null},{\"label\":\"BHAR_252d\",\"lay_label\":\"12 months\",\"horizon_days\":252,\"n_days_available\":96,\"bhar_vs_spy\":null,\"bhar_vs_sector\":null,\"sector_etf\":\"XLK\",\"patell\":null}],\"calendar_time_alpha\":{\"vs_spy\":{\"alpha_daily\":-0.009388837491884116,\"alpha_annualized\":-0.9071865761364758,\"t_stat\":-1.8601006818178845,\"p_value\":0.0628712827523988,\"n_days\":96,\"se_type\":\"Newey-West HAC, lag=5\"},\"vs_sector\":{\"alpha_daily\":-0.009037072664742875,\"alpha_annualized\":-0.8984998481656318,\"t_stat\":-1.855736386167249,\"p_value\":0.0634911417605838,\"n_days\":96,\"se_type\":\"Newey-West HAC, lag=5\"}},\"estimation_window\":\"trailing 240 days; market-model alpha+beta for Patell-z baseline\",\"_meta\":{\"n_post_days_available\":96,\"elapsed_days\":141,\"as_of\":\"2026-04-30\"},\"_source\":\"phase5z_compute_longrun.py; yfinance pull at run time\"}",
  "_evidence_strength": {
    "badge": "SILVER",
    "score": 55,
    "max": 100,
    "components": {
      "source_confidence": 25,
      "vote_totals": 0,
      "effective_date": 20,
      "car_estimate": 10,
      "edgar_accession": 0
    }
  },
  "_context_callout": "Standard cohort firm (Completed). Included for breadth across destinations and sectors.",
  "_generated_at": "2026-04-30"
}