DuPont said that effective as of November 1, 2025, it completed the separation of its Electronics business, Qnity Electronics, Inc., into a separate and independent public company through a pro rata dividend in-kind, and as a result of the distribution, DuPont has no ownership interest in Qnity.

1. 01

   DuPont said that effective as of November 1, 2025, it completed the separation of its Electronics business, Qnity Electronics, Inc., into a separate and independent public company through a pro rata dividend in-kind, and as a result of the distribution, DuPont has no ownership interest in Qnity.

2. 02

   The company said stockholders of record as of the close of business on October 22, 2025 received one share of Qnity common stock for every 2 shares of DuPont common stock held, and the company did not issue fractional shares; stockholders will receive cash in lieu of fractional shares. Qnity will commence regular way trading on the New York Stock Exchange under the symbol Q at the start of trading on November 3, 2025.

3. 03

   DuPont said that upon the effective time of the separation, a special mandatory redemption event was triggered under each series of New Notes, requiring it to redeem $900,000,000 principal amount of New 2028 Notes, $225,963,000 principal amount of New 2038 Notes and $294,781,000 principal amount of New 2048 Notes. The company also said it entered into a Transaction Support Agreement with certain noteholders on November 3, 2025 and is conducting a tender offer to purchase up to $739,256,000 aggregate principal amount of 2048 Notes for cash.

4. 04

   DuPont said that upon the effective time of the separation, 3 directors resigned from the Board, and on November 1, 2025 the Board decreased its size from 13 members to 10 members. Edward D. Breen resigned from his position as Executive Chairman and will continue to serve as Chairman of the Board in a non-executive capacity. The Board appointed Jeroen Bloemhard, Beth Ferreira and Madeleine Barber to new officer positions.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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