CTVA · 8-K · 20260925PR401618
Strategic Business Separation
Corteva, Inc. · 2026-09-25 · Importance 40 · Surprise 42
The SEC declared effective Vylor’s Form 10 registration statement on September 24, 2026, advancing Corteva’s separation of Vylor into an independent publicly traded company. The separation is expected to be completed on October 1, 2026. Corteva stockholders of record as of September 24 will receive one Vylor common share for each Corteva common share held, with distribution expected before 9:30 a.m. New York City time on October 1. Vylor is authorized to list on the NYSE and is expected to begin regular-way trading under symbol VYLR that day; Corteva determined there will be no when-issued or ex-distribution trading before the distribution.
Key facts
- Corteva’s separation of Vylor into an independent, publicly traded company is expected to be completed on October 1, 2026. source
- Upon completion of the separation, each Corteva stockholder of record at close of business on September 24, 2026 is to receive one Vylor common share for every Corteva common share held of record at that time. source
- The distribution of Vylor shares to Corteva stockholders is expected before 9:30 a.m. New York City time on October 1, 2026. source
- Corteva determined there will be no when-issued trading in Vylor common stock or ex-distribution trading in Corteva common stock before the distribution. source
- Corteva announced that the SEC declared Vylor’s Form 10 registration statement effective on September 24, 2026. source
- Corteva identified as a risk that the separation’s objectives may not be achieved. source
- Corteva identified the terms, structure, benefits, and costs of any action or transaction resulting from the separation as factors that could affect outcomes. source
- Corteva identified the timing and consummation of the separation or a related action as uncertain. source