Common Stock, par value $0.01 per share
- Symbol
- Q
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Current Report · Items 8.01 · 8-K
Qnity Electronics, Inc.
QNYSEEQUITYCurrent
Other Events
Item 8.01 Other Events. On September 10, 2026, DuPont de Nemours, Inc. (“DuPont”), The Chemours Company (“Chemours”), and Corteva Inc. and its wholly owned subsidiary EIDP, Inc. (together, “Corteva”) announced that they entered into a Settlement Agreement (the “Settlement”) with the State of North Carolina and certain municipalities, to resolve all claims asserted by certain plaintiffs relating to…
Company context
Qnity is a premier technology provider across the semiconductor value chain, empowering AI, high performance computing, and advanced connectivity. From groundbreaking solutions for semiconductor chip manufacturing, to enabling high-speed transmission within complex electronic systems, our high-performance materials and integration expertise make tomorrow’s technologies possible. More information about the company, its businesses and solutions can be found at www.qnityelectronics.com.
Current securities
Registered securities in this filing
Qnity Electronics, Inc. · 8-K · Filed 2026-09-10
Disclosure sections
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events.
On September 10, 2026, DuPont de Nemours, Inc. (“DuPont”), The Chemours Company (“Chemours”), and Corteva Inc. and its wholly owned subsidiary EIDP, Inc. (together, “Corteva”) announced that they entered into a Settlement Agreement (the “Settlement”) with the State of North Carolina and certain municipalities, to resolve all claims asserted by certain plaintiffs relating to PFAS and other emissions from the Fayetteville Works facility, as well as claims asserted by the State of North Carolina related to PFAS contamination unrelated to such facility.
In the second quarter of 2026, Qnity Electronics, Inc. (the “Company”) established an indemnification liability of $43 million, which remains unchanged, and represents the Applicable Qnity Percentage (the portion for which the Company has been contractually allocated, and is required to directly pay or indemnify DuPont) of 44% of DuPont's after-tax liability for this Settlement.
Chemours, Corteva and DuPont have agreed to count the Settlement and potential future litigation settlements against the 2021 Memorandum of Understanding (“MOU”) limit at net present value as of the date of the applicable settlement as if payable in equal annual installments over 25 years and discounted using an 8% discount rate. In addition, Chemours, Corteva and DuPont have agreed that all future contributions to the MOU escrow account will be considered satisfied by payments in connection with settlements with New Jersey and North Carolina, including the escrow contribution that would have been due in September 2026.