DuPont (DD) announced the filing of the initial Form 10 registration statement with the U.S. 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, 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.
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