Core Viewpoint - DuPont has announced the spin-off of its Electronics business, Qnity Electronics, Inc., with a record date set for October 22, 2025, and the completion targeted for November 1, 2025 [1][5]. Company Overview - DuPont is a global innovation leader providing technology-based materials and solutions across various industries, including electronics, transportation, construction, water, healthcare, and worker safety [3]. Qnity Electronics - Qnity is positioned as a premier technology solutions provider within the semiconductor value chain, focusing on AI, high-performance computing, and advanced connectivity [1]. - The company aims to deliver groundbreaking solutions for semiconductor chip manufacturing and high-speed transmission in complex electronic systems [1]. Spin-off Details - The spin-off will not require a shareholder vote and is contingent upon customary conditions, including board approval, tax opinions, regulatory approvals, and financing completion [5]. - The initial Form 10 filing and amendments for Qnity will be accessible to investors on its investor website [1].
DuPont Announces Record Date for the Intended Qnity Spin-Off