Form 8-K · Current report
Corteva 8-K, filed Oct 1, 2026
- Filed
- CIK
- 0001755672
- Accession no.
- 0001193125-26-409549
Summary
The U.S. Court of Appeals for the Fourth Circuit summarily reversed a District Court order denying California leave to move for a temporary restraining order and preliminary injunction to delay Corteva's separation into two independent, publicly traded companies, and the District Court then denied California's motion to enjoin the separation on remand. Corteva said the distribution of Vylor Inc. shares is expected to be completed before 9:30 a.m. New York City time on October 1, 2026, after its board approved the separation on September 12, 2026 and waived the related Legal Restraints Condition effective September 30, 2026.
Key points
- Corteva's board approved the separation on September 12, 2026 and declared a pro rata dividend of Vylor Inc. common stock on each share of Corteva common stock outstanding as of the close of business on September 24, 2026.
- The Fourth Circuit expressed no view on the merits of California's motion, remanded the matter to the District Court, and denied California's request for an injunction pending appeal as moot.
- On remand, the District Court denied California's motion to enjoin the separation.
- Corteva's board waived the Legal Restraints Condition effective September 30, 2026, to the extent it is not satisfied solely because of a potential governmental order, injunction, or decree preventing the distribution.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
From the filing
Item 8.01 Other Events On September 30, 2026, the U.S. Court of Appeals for the Fourth Circuit summarily reversed the District Court’s order denying the State of California leave to file its motion for a temporary restraining order and preliminary injuction seeking to delay Corteva, Inc.’s (“Corteva”) previously announced separation (the “Separation”) into two independent, publicly traded companies through the separation of Corteva’s seed operating segment into an independent, publicly traded company, Vylor Inc. (“Vylor”). The Court of Appeals expressed no view on the merits of California’s motion and remanded the matter to the District Court for further consideration. …
An excerpt of the text as filed with the SEC, cut for length.
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