Chemours Company filed SEC Form 8-K: Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Item 1.01 Entry into a Material Definitive Agreement
On January 15, 2026 (the “Effective Date”), The Chemours Company (the “Company”), through its subsidiary, The Chemours (Taiwan) Company Limited (“Seller”), entered into four separate Real Estate Sale and Purchase Agreements (collectively, the “Purchase Agreements”) with four affiliated entities: Century Wind Power Co., Ltd., Century Iron and Steel Industrial Co., Ltd., Century Huaxin Wind Energy Co., Ltd. and Mr. Lai Wen-Hsiang (collectively, the “Buyers”) to sell ten parcels of land in Kuan Yin, Taiwan (collectively, the “Property”) for a total purchase price of approximately $360 million. The Company intends to use the cash proceeds from the sale of the Property to reduce the Company’s debt obligations.
The Company anticipates that the sale of the Property will be completed through one or more closings, which are expected to occur by mid-year 2026, subject to the satisfaction of certain closing conditions set forth in the Purchase Agreements and local regulatory approval, inclusive of environmental conditions. The Purchase Agreements contain certain representations, warranties, covenants, obligations, conditions, indemnification provisions and termination provisions customary for industrial property sale transactions.
Other than the Purchase Agreements, no material relationship exists between the Company, its affiliates, including Seller, or any of the Company’s directors and officers, on the one hand, and the Buyers, on the other. The terms of the transaction were negotiated between the Company and the Buyers on an arms-length basis.
The foregoing summary of the Purchase Agreements does not purport to be complete and is qualified in its entirety by reference to the full text of the respective Purchase Agreements, which are attached hereto as Exhibits 10.1, 10.2, 10.3 and 10.4.
Item 7.01 Regulation FD Disclosure
On January 15, 2026, the Company issued a press release announcing the sale of the property. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
10.1* |
Real Estate Sale and Purchase Agreement, dated January 15, 2026, by and between Century Wind Power Co., Ltd. and The Chemours (Taiwan) Company Limited |
10.2* |
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10.3* |
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10.4* |
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99.1 |
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104 |
Cover Page Interactive Data File (formatted as Inline XBRL) |
*Annexes, schedules and/or exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally a copy of any omitted attachment to the SEC on a confidential basis upon request.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
THE CHEMOURS COMPANY |
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By: |
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/s/ Shane Hostetter |
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Shane Hostetter |
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Senior Vice President, Chief Financial Officer |
Date: |
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January 16, 2026 |