Form 8-K · Current report
Corteva 8-K, filed Oct 1, 2026
- Filed
- CIK
- 0001755672
- Accession no.
- 0001755672-26-000028
Summary
Corteva completed the separation of its seed business into an independent publicly traded company, Vylor Inc., on October 1, 2026, through a pro rata in-kind dividend of all outstanding Vylor common stock to Corteva holders of record as of September 24, 2026. Corteva filed combined financial statements for its remaining crop protection business, New Corteva, and for New EIDP, along with non-GAAP measures and pro forma statements giving effect to the spin-off.
Key points
- Vylor was treated as the accounting spinnor and accounting successor to Corteva for financial reporting purposes, so Corteva's historical consolidated financial statements became Vylor's historical financial statements for periods before the spin-off.
- The combined financial statements of New Corteva, the remaining crop protection business, and of New EIDP were derived from Corteva's historical records and may not reflect results had those businesses been standalone.
- Audited combined financial statements cover the years ended December 31, 2025, 2024 and 2023; interim combined statements cover the six months ended June 30, 2026.
- Unaudited pro forma combined financial statements for New Corteva give effect to the spin-off and related capital structure transactions.
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
- 9.01Financial Statements and Exhibits
From the filing
Item 9.01 Financial Statements and Exhibits (a) Financial statements of businesses or funds acquired As previously announced, on October 1, 2026, Corteva, Inc., (the “Company” or "Corteva") completed the separation of the Company’s Seed Business into an independent publicly traded company, Vylor Inc. (“Vylor”) through a pro rata dividend in-kind of all of the then-issued and outstanding shares of common stock of Vylor to holders of the Company’s common stock as of the close of business on September 24, 2026 (the “spin-off”). …
An excerpt of the text as filed with the SEC, cut for length.
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