EIDP, Inc. (CTA) and Corteva, Inc. said they cannot file their Form 10-Q for the quarter ended September 30, 2026 by the prescribed due date because additional reporting processes are required following their seed operating segment spin-off, completed October 1, 2026. Vylor Inc., the spun-off company, also cannot file its 10-Q due to the separation. EIDP and Corteva plan to file no later than the fifth calendar day following the prescribed due date. They expect a higher seasonal loss than in the same period of 2025, primarily from separation activities and ongoing research-and-development investments.
EIDP, Inc. reported that Corteva, Inc. completed the separation of its seed operating segment into Vylor Inc., an independent, publicly traded company, at 12:03 a.m. New York City time on October 1, 2026. The separation created two independent, publicly traded companies.
At the same effective time, Charles V. Magro, Kerry J. Preete, Marcos M. Lutz and Karen H. Grimes resigned from Corteva’s board, and Luther (“Luke”) Kissam was appointed a director. Corteva’s officer changes included the resignations of Magro, David P. Johnson, Samuel R. Eathington and Judd M. O’Connor, and the appointments of Kissam as chief executive officer, Jeff Rudolph as chief financial officer, Brook Cunningham as chief commercial officer and Ralph Ford as chief integrated operations officer. The board resignations were in connection with the separation and, as stated, did not result from disagreements over Corteva’s operations, policies or practices.
EIDP, Inc. reported that Vylor Inc. completed private exchange offers for eligible holders of three EIDP senior-note series on October 1, 2026; accepted notes were retired and canceled and will not be reissued. Vylor issued new notes of the corresponding series and completed related consent solicitations on EIDP’s behalf. The amendments to the governing indentures became operative upon settlement.
For the 2.300% Senior Notes due 2030, $434,839,000 was accepted and $65,161,000 remained outstanding following settlement. For the 5.125% Senior Notes due 2032, $476,214,000 was accepted and $23,786,000 remained outstanding. For the 4.800% Senior Notes due 2033, $527,584,000 was accepted and $72,416,000 remained outstanding. EIDP entered into the Fourth EIDP Supplemental Indenture with U.S. Bank Trust Company, National Association, as trustee, dated August 20, 2026, after requisite consents were received as of the August 19, 2026 early tender deadline.
EIDP, Inc. (symbol: CTA) is the issuer of record for a Form 8-K filing submitted to the SEC.
EIDP, Inc. (symbol: CTA) is the issuer of record for a Form 8-K filing submitted to the SEC.
EIDP, Inc. (symbol: CTA) is the issuer of record for a Form 8-K filing submitted to the SEC.
EIDP, Inc.’s senior notes were subject to Vylor Inc.’s private exchange offers, and Corteva, Inc. announced final tender results. By the September 30, 2026 expiration, holders had validly tendered and not withdrawn $434,841,000 (86.97%) of the 2.300% notes due 2030, $476,214,000 (95.24%) of the 5.125% notes due 2032 and $527,584,000 (87.93%) of the 4.800% notes due 2033. Vylor notes of the corresponding series are to be issued in exchange.
As of the expiration, all conditions other than completion of Corteva’s planned separation were satisfied. Settlement is expected substantially simultaneously with the separation, which was expected on or about October 1, 2026, subject to satisfaction or waiver of applicable conditions. The replacement Vylor notes will have the same interest rates, maturity dates and interest payment dates as the corresponding EIDP notes.
EIDP, Inc. (symbol: CTA) is the issuer of record for a Form 8-K filing submitted to the SEC.
EIDP, Inc. reported that Vylor Inc., Corteva’s wholly owned subsidiary, extended the expiration of its private exchange offers and related consent solicitations for EIDP’s 2.300% senior notes due 2030, 5.125% notes due 2032 and 4.800% notes due 2033, from 5:00 p.m. New York City time on September 29 to 5:00 p.m. New York City time on September 30, 2026. Eligible holders may exchange their notes for corresponding newly issued Vylor notes.
As of 5:00 p.m. New York City time on September 29, 2026, valid tenders not withdrawn were $434,841,000 (86.97%) for the 2030 notes, $476,214,000 (95.24%) for the 2032 notes and $527,584,000 (87.93%) for the 2033 notes. The offers and consent solicitations are conditioned, among other things, on Corteva’s planned separation. The proposed amendments become operative only upon settlement. Settlement was expected on or about the first business day after the expiration date, substantially simultaneously with the separation, assuming the remaining conditions are satisfied or waived.