Court clears path for Corteva's Vylor separation; distribution expected Oct. 1, 2026

Vylor Inc.

Fourth Circuit reversed the District Court order denying California leave to seek a TRO/preliminary injunction to delay Corteva's separation of Vylor; remanded.
On remand, the District Court denied California's motion to enjoin the Separation; the Fourth Circuit denied California's injunction pending appeal as moot.
Corteva's board approved the Separation on September 12, 2026, and declared a pro rata dividend of Vylor common stock on each Corteva share outstanding as of September 24, 2026.
The Distribution is expected to be completed before 9:30 a.m. New York City time on October 1, 2026; Corteva waived the Legal Restraints Condition effective September 30, 2026.

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