Accepted (ET)
5:21 PM
Oct 7, 2026
Filed
Oct 7, 2026
Documents
13
Size
405.3 KB
Summary
Vylor Inc: board change and PwC appointed as auditor
What happened
- Vylor Inc reported that when its Registration Statement on Form 10 was declared effective by the SEC on Sep 24, 2026, David P. Johnson and Jennifer A. Johnson resigned from the board effective as of the Effective Time. The board increased from 2 members to 7 members and appointed Karen H. Grimes (chair), Victor J. Aguilar, Rajesh Kalathur, Marcos M. Lutz, Charles V. Magro, Johannes J. Oosthuizen and Kerry J. Preete as members effective as of the Effective Time.
- The company reported that on Oct 1, 2026 the audit committee appointed PricewaterhouseCoopers LLP (PwC) as the company’s independent registered public accounting firm to audit the consolidated financial statements for the fiscal year ending Dec 31, 2026. The filing states PwC was retained by Corteva to audit the combined financial statements of the Seed Business of Corteva as described in the Information Statement.
Key details
- Registration Statement on Form 10 was initially filed Jun 29, 2026 and was amended on Aug 14, 2026, Sep 15, 2026 and Sep 21, 2026; it was declared effective Sep 24, 2026.
- Board size increased from 2 members to 7 members; appointed directors: Karen H. Grimes (chair), Victor J. Aguilar, Rajesh Kalathur, Marcos M. Lutz, Charles V. Magro, Johannes J. Oosthuizen and Kerry J. Preete.
- PwC was appointed Oct 1, 2026 to audit the fiscal year ending Dec 31, 2026; PwC previously was retained by Corteva to audit the combined financial statements included in the Information Statement.
- The filing incorporates by reference information in the Introductory Note regarding Item 2.01 (completion of acquisition or disposition of assets), Item 2.03 (creation of a direct financial obligation), and Item 3.02 (unregistered sales of equity securities); the audited combined financial statements in the Information Statement are also incorporated by reference.
Why it may matter
- Item 5.02 reports departures and appointments of directors (changes in the board of directors). Item 4.01 reports a change in the company’s certifying accountant (appointment of PwC). Items 2.01, 2.03 and 3.02 are incorporated by reference to the Introductory Note and Item 9.01 incorporates the audited combined financial statements from the Information Statement. A filing does not show why the insider traded or why the company acted.