Corteva, Inc. has completed the separation of its seed operating segment into a new, publicly traded company named Vylor Inc., as reported in a filing dated September 29, 2026. The transaction, which was previously announced, was finalized at 12:03 a.m. New York City time on October 1, 2026.
Under the terms of the separation, Corteva distributed all outstanding shares of Vylor common stock to holders of Corteva common stock as of the close of business on September 24, 2026. Following this distribution, Vylor became an independent entity. The new company began trading on the New York Stock Exchange under the ticker symbol "VYLR" on October 1, 2026.
In connection with the completion of the separation, Corteva and Vylor executed several agreements on September 29, 2026, and October 1, 2026. These agreements include a Separation and Distribution Agreement, a Tax Matters Agreement, an Employee Matters Agreement, a Reverse Transition Services Agreement, an Intellectual Property Matters Agreement, and a Global Master Seed Treatment Supply Agreement. The full text of these agreements is included as exhibits to the filing.
