Vylor Inc. filed a Form 8-K on November 12, 2026, attaching unaudited pro forma consolidated financial statements reflecting its separation from Corteva, Inc., which was completed on October 1, 2026.

Key Highlights

  • Spin-off completed October 1, 2026: Corteva separated its Seed Business into Vylor Inc. as an independent, publicly traded company via a pro rata dividend in-kind of all then-issued and outstanding shares of Vylor common stock.
  • Record date was September 24, 2026: Corteva common stockholders of record as of the close of business on that date received shares in the distribution.
  • Accounting spinnor designation: Despite Vylor being the legal spinnee, the filing states Vylor is treated as the accounting spinnor and is therefore the accounting successor to Corteva following the spin-off.
  • Historical financials reassigned: According to the filing, Corteva's historical consolidated financial statements became Vylor's historical financial statements for periods prior to the spin-off.
  • Pro forma statements cover three and nine months ended September 30, 2026 and 2025: The attached Exhibit 99.1 includes unaudited pro forma statements as of September 30, 2026, prepared under Article 11 of Regulation S-X.
  • Exchange listing: Vylor's common stock, par value $0.01 per share, trades on the New York Stock Exchange under the symbol NYSE:VYLR.

Vylor's Pro Forma Disclosures Following the Corteva Separation

According to the filing, Corteva, Inc. completed the separation of its Seed Business into Vylor Inc. on October 1, 2026, through a pro rata dividend in-kind of all then-issued and outstanding shares of Vylor common stock to Corteva stockholders. The record date for the distribution was set at the close of business on September 24, 2026. The filing describes the transaction as "the spin-off" or "the Vylor Separation."

The filing notes that although Vylor is the legal spinnee in the transaction, it has been designated the accounting spinnor. The company disclosed that this determination was made based on, "among other factors, Vylor's relative significance to Corteva's historical Crop Protection Business." As a result, the company reported that Corteva's historical consolidated financial statements now serve as Vylor's historical financial statements for periods prior to the spin-off date.

The 8-K's substantive disclosure is the attachment of unaudited pro forma consolidated financial statements as Exhibit 99.1. These statements cover the period as of September 30, 2026, and the three-month and nine-month periods ended September 30, 2026 and 2025, giving effect to the spin-off and related transactions including those affecting Vylor's capital structure after separation. The filing states these were prepared as required by Article 11 of Regulation S-X. The filing also contains forward-looking statements, which the company characterizes as subject to risks and uncertainties, many of which it describes as "beyond our control."

What Was Disclosed

Vylor Inc. filed a Form 8-K on November 12, 2026, attaching unaudited pro forma consolidated financial statements (Exhibit 99.1) reflecting its October 1, 2026 spin-off from Corteva, Inc., including its designation as accounting spinnor and successor to Corteva's historical financials.