Supreme Court of Delaware, 2026

Tomales Bay Capital Anduril III, L.P. v. Pro Publica, Inc.

Tomales Bay Capital Anduril III, L.P. v. Pro Publica, Inc.
Supreme Court of Delaware · Decided June 4, 2026
Tomales Bay Capital Anduril III, L.P. v. Pro Publica, Inc.

Opinion

IN THE SUPREME COURT OF THE STATE OF DELAWARE TOMALES BAY CAPITAL ANDURIL § III, L.P., a Delaware limited partnership, § and TOMALES BAY CAPITAL § No. 163, 2026 ANDURIL III GP, LLC, a Delaware § limited liability company, and IQBALJIT § KAHLON, Managing Member of Tomales § Bay Capital Anduril III GP, LLC, § Court Below: Court of Chancery § of the State of Delaware Defendants Below/Appellants, § § v. § § LEO INVESTMENTS HONG KONG § C.A. No. 2022-0175 LIMITED, a limited liability company § organized under the laws of Hong Kong, § § Plaintiff Below, § § and § § PRO PUBLICA, INC., § § Objector Below/Appellee. § Submitted: June 2, 2026 Decided: June 4, 2026 Before SEITZ, Chief Justice; TRAYNOR, and LEGROW, Justices; ORDER This 4th day of June, 2026, after careful consideration of the parties’ briefs and the record below, we find it evident that the judgment of the Court of Chancery should be affirmed on the basis of and for the reasons stated in the Order Addressing

Motions for Continued Confidential Treatment dated January 28, 2026, and the Order Denying Motion for Reargument dated March 18, 2026.

NOW, THEREFORE, IT IS ORDERED that the judgment of the Court of Chancery is AFFIRMED. Under Supreme Court Rule 18, the mandate shall issue forthwith.

BY THE COURT: /s/ Abigail M. LeGrow Justice

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