Vylor Inc. identifies Marcos M. Lutz as a director in an initial statement of beneficial ownership.
Vylor Inc.'s initial beneficial ownership statement names Audrey Grimm as a reporting person and Chief People Officer.
Vylor Inc. identifies Samuel R. Eathington as its Chief Technology Officer and a reporting person in a Form 3.
Vylor Inc. (VYLR) became an independent, publicly traded company on October 1, 2026, when Corteva, Inc. completed the separation of its seed operating segment into Vylor. The separation was carried out through a pro rata distribution of all outstanding Vylor common shares to Corteva common shareholders of record as of September 24, 2026. Vylor common stock was expected to commence regular-way trading on the New York Stock Exchange under VYLR on October 1, 2026.
Vylor Inc. reported final results for private offers to exchange outstanding EIDP, Inc. notes for corresponding Vylor notes. By the September 30, 2026 expiration, holders had validly tendered and not withdrawn $434.841 million of the $500 million outstanding 2.300% notes due 2030 (86.97%), $476.214 million of the $500 million outstanding 5.125% notes due 2032 (95.24%), and $527.584 million of the $600 million outstanding 4.800% notes due 2033 (87.93%).
Eligible holders whose notes were tendered by August 19, 2026 and accepted receive equal principal of corresponding Vylor notes plus cash consideration of approximately $2.90, $2.67, or $2.86 per $1,000 principal, respectively. Later accepted tenders receive $970 principal amount of Vylor notes per $1,000 tendered and no cash consideration. Other conditions were satisfied as of September 30, except completion of Corteva's planned separation into crop protection and seed businesses. Settlement is expected substantially simultaneously with the separation, expected on or about October 1, 2026, subject to satisfaction or waiver of conditions.
Vylor Inc. (VYLR) said the distribution of its shares as part of parent Corteva’s separation of its seed operating segment into Vylor is expected to be completed prior to 9:30 a.m. New York City time on October 1, 2026. Corteva declared a pro rata dividend of Vylor common shares on each Corteva common share issued and outstanding at the close of business on September 24, 2026.
After a federal appeals-court remand, the District Court denied California’s motion to enjoin the separation. Effective September 30, 2026, Corteva’s board waived the Legal Restraints Condition to the extent it is not satisfied prior to or simultaneously with consummation solely because of a potential order, injunction or decree entered by a governmental entity of competent jurisdiction that prevents the distribution or related transactions.
Vylor Inc. extended the expiration of its private exchange offers and related consent solicitations from 5:00 p.m. New York City time on September 29, 2026, to 5:00 p.m. on September 30, 2026. For EIDP’s 2.300% senior notes due 2030, 5.125% senior notes due 2032 and 4.800% senior notes due 2033, the table lists corresponding Vylor notes to be issued of $434,841,000 (86.97%), $476,214,000 (95.24%) and $527,584,000 (87.93%), respectively, based on tenders validly submitted and not withdrawn as of 5:00 p.m. New York City time on September 29, 2026.
The offers and consent solicitations are conditioned, among other things, on Corteva’s planned separation into crop protection and seed businesses. If remaining conditions are satisfied or waived, settlement is expected on or about the first business day after the expiration date and substantially simultaneously with the separation.
Vylor Inc. (VYLR) reported that the SEC declared effective on September 24, 2026 its Form 10 registration statement for the planned separation from Corteva. Corteva expects to distribute all issued and outstanding Vylor common shares to Corteva holders of record at the close of business September 24, at one Vylor share per Corteva share, on October 1, 2026, before 9:30 a.m. New York City time, subject to satisfaction or waiver of the distribution conditions. No stockholder vote or consideration is required.
Vylor will hold Corteva’s Seed Business while Corteva continues its Crop Protection Business. Vylor shares are expected to begin NYSE trading under VYLR on October 1. Corteva may amend, modify or abandon the distribution before that date in its sole and absolute discretion. Vylor expects approximately $5.7 billion of indebtedness at the time of the spin-off.