---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-061526"
form_type: "8-K"
ticker: "RKDA"
cik: "0001469443"
company_name: "Arcadia Biosciences, Inc."
filed_at: "2024-05-17T23:59:59+00:00"
generated_at: "2026-06-01T15:19:06.427244+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Arcadia sells resistant starch durum wheat trait to Corteva unit for $4M cash

## Summary
- Sold patent and related rights for resistant starch durum wheat trait to Pioneer Hi-Bred (Corteva) for $4M cash.
- Trait was never recorded on balance sheet; proceeds represent pure gain.
- Arcadia retains production license for GoodWheat brand pasta until Corteva's commercial launch in North America.
- Transaction closed May 13, 2024; patents include U.S. 10,246,717 and 11,649,464.

## SEC filing metadata
- accession: 0000950170-24-061526
- form_type: 8-K
- ticker: RKDA
- cik: 0001469443
- company_name: Arcadia Biosciences, Inc.
- filed_at: 2024-05-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1469443/000095017024061526/0000950170-24-061526-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1469443/000095017024061526/rkda-20240513.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-061526
- JSON: https://secwatch.observer/filing/0000950170-24-061526.json
- Plain text: https://secwatch.observer/filing/0000950170-24-061526.txt

## Key facts
- M&A Transactions
  Arcadia Biosciences, Inc. completed a disposition involving Pioneer Hi-Bred International, Inc. for $4,000,000 in cash (closed 2024-05-13).
  - Action: disposition
  - Counterparty: Pioneer Hi-Bred International, Inc.
  - Consideration: $4,000,000 in cash
  - Closing: 2024-05-13
  source text: worked to introgress the resistant starch durum wheat trait into elite germplasm lines. As consideration for the sale and license of Purchased Assets, Pioneer paid to Arcadia $4,000,000 in cash, which consideration was determined based on negotiations between the parties. The Agreement includes a number customary provisions addressing matters such as closing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1469443/000095017024061526/0000950170-24-061526-index.htm
- Material Agreements
  Arcadia Biosciences, Inc. entered into Asset Purchase Agreement with Pioneer Hi-Bred International, Inc. valued at $4,000,000 in cash (effective 2024-05-13).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Pioneer Hi-Bred International, Inc.
  - Value: $4,000,000 in cash
  - Effective: 2024-05-13
  source text: On May 13, 2024, Arcadia Biosciences, Inc. (“Arcadia”) entered into an Asset Purchase Agreement (the “Agreement”) with Pioneer Hi-Bred International, Inc. (“Pioneer”), an indirect, wholly-owned subsidiary of Corteva, Inc., pursuant to which on May 13, 2024 Arcadia sold or licensed to Pioneer certain patent and related rights associated with Arcadia’s resistant starch durum wheat trait (“Purchased Assets”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1469443/000095017024061526/0000950170-24-061526-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.