Business
DuPont Announces Initial Filing of Form 10 Registration Statement for Planned Spin-Off of Electronics Business
DuPont (NYSE: DD) today announced the filing of the initial Form 10 registration statement with the U.S. Securities and Exchange Commission ("SEC") for the previously announced planned spin-off of its Electronics business. Pending the announcement of the future company name, the Form 10 is filed under Novus SpinCo1, Inc. ("ElectronicsCo"), and describes the spin-off and distribution, to create a pure-play, global leader in materials and technology solutions for the semiconductor and electronics
About this update from Dupont De Nemours, Inc.
[{"type":"text","content":"WILMINGTON, Del., April 25, 2025 /PRNewswire/ -- DuPont (NYSE: DD) today announced the filing of the initial Form 10 registration statement with the U.S. Securities and Exchange Commission ("SEC") for the previously announced planned spin-off of its Electronics business. Pending the announcement of the future company name, the Form 10 is filed under Novus SpinCo1, Inc. ("ElectronicsCo"), and describes the spin-off and distribution, to create a pure-play, global leader in materials and technology solutions for the semiconductor and electronics industries. DuPont intends to complete the spin-off of ElectronicsCo on November 1, 2025, subject to customary conditions.","length":696,"tagName":"p"},{"type":"image","alt":"DuPont Logo (PRNewsfoto/DuPont)","displaySize":"","headline":null,"caption":"DuPont Logo (PRNewsfoto/DuPont)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":116,"url":"https://media.zenfs.com/en/prnewswire.com/2afc4d09101aeb9068e83f4cbae39368"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/zbYf18RI2ZQcA3.f03pEoA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwNDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/2afc4d09101aeb9068e83f4cbae39368","width":400,"height":116}},"href":"https://mma.prnewswire.com/media/1167395/dupont_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The information statement describes the separation and distribution in detail and contains important business and financial information about the businesses involved in the spin-off. The Form 10 can be located at the SEC website via the following link:https://www.sec.gov/Archives/edgar/data/2058873/000119312525093594/0001193125-25-093594-index.htm.","length":351,"tagName":"p"},{"type":"text","content":"Supplemental presentation materials related to the filing can be found on the DuPont's Investor Relations website under the section "Electronics Form 10".","length":168,"tagName":"p"},{"type":"text","content":"Consistent with the Form 10 process, the filing is an initial step in an iterative process and additional information will be included in subsequent filings.","length":157,"tagName":"p"},{"type":"text","content":"About DuPont","length":12,"tagName":"p"},{"type":"text","content":"DuPont (NYSE: DD) is a global innovation leader with technology-based...