Innovate CORP
Market Movers (8-K)
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Innovate CORPInnovate Corp. has entered into supplemental indentures to modify interest payment terms on its senior secured notes, allowing for payment-in-kind interest and extending a promissory note maturity.
Delay expected
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Innovate CORPInnovate Corp. announced that its subsidiary, DBM Global Inc., will pay a cash dividend of approximately $12 million, with Innovate Corp. expecting to receive about $11 million.
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Innovate CORPInnovate Corp. shareholders approved all management proposals at the 2026 Annual Meeting, including director elections and equity plan amendments.
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Innovate CORPInnovate Corp. announced the successful closing of a refinancing transaction for its broadcasting subsidiary and an agreement to sell a controlling interest in that subsidiary to CONX Corp.
Capital raise
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Innovate CORPINNOVATE Corp. reported a 33% increase in first-quarter revenue to $364.8 million, driven by its Infrastructure segment, while also achieving key regulatory milestones in Life Sciences.
Better than expected
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Innovate CORPINNOVATE Corp. announced that its subsidiary, DBM Global Inc., will pay a $3 million cash dividend, with INNOVATE receiving approximately $2.7 million.
Quarterly Earnings (10-Q)
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Innovate CORPInnovate Corp. reported a significant increase in revenue for the first quarter of 2026, driven by its Infrastructure segment, but continues to face substantial doubt regarding its ability to continue as a going concern due to significant debt obligations.
Delay expected
Worse than expected
Capital raise
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Innovate CORPINNOVATE Corp. reports mixed Q3 2025 results, with revenue growth in Infrastructure but increased net losses for the nine-month period, while addressing substantial doubt about its ability to continue as a going concern through extensive debt refinancing and planned asset sales.
Worse than expected
Delay expected
Capital raise
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Innovate CORPINNOVATE Corp. reported a significant net loss for Q2 2025, driven by decreased revenue in its Infrastructure segment and rising interest expenses, despite recent debt refinancing efforts.
Worse than expected
Capital raise
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Innovate CORPInnovate Corp. reports a decrease in revenue and an increased net loss for Q1 2025, while also expressing substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
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Innovate CORPInnovate Corp. reports a decrease in revenue for Q3 2024, alongside ongoing efforts to address debt obligations and improve financial stability.
Worse than expected
Capital raise
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Innovate CORPInnovate Corp. experienced a decrease in revenue but an increase in income from operations in the second quarter of 2024, while also completing a rights offering and private placement.
Worse than expected
Capital raise
Annual Reports (10-K)
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Innovate CORPINNOVATE Corp. reported a significant net loss in 2025 and faces substantial doubt about its ability to continue as a going concern, prompting strategic asset sales and debt refinancing efforts.
Worse than expected
Capital raise
Delay expected
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Innovate CORPINNOVATE Corp. files its 10-K, detailing financial results for the year ended December 31, 2024, while addressing concerns about its ability to continue as a going concern and outlining strategic initiatives.
Worse than expected
Capital raise
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Innovate CORP10-K: R2 Technologies Secures $20 Million in Amended Debt Financing; Innovate Corp. Provides 10-K Update
R2 Technologies amended its senior secured promissory notes, securing $20 million in financing, while Innovate Corp. filed its annual 10-K report detailing financial results and strategic initiatives.
Worse than expected
Capital raise
Insider Trading (Form 4)
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Innovate CORPINNOVATE Corp.'s Chief Financial Officer, Michael J. Sena, reported tax-related dispositions of common stock following restricted stock vesting.
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Innovate CORPAn amendment to a Form 4 filing by Avram A. Glazer and related entities discloses Lancer Capital LLC as an additional reporting owner of INNOVATE Corp. convertible notes.
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Innovate CORPINNOVATE Corp.'s Interim CEO, Paul Voigt, reported the acquisition of 100,000 stock options and updated his beneficial ownership.
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Innovate CORPINNOVATE Corp.'s Interim CEO, Paul Voigt, was granted 176,056 shares of restricted common stock valued at approximately $1 million.
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Innovate CORPINNOVATE Corp. exchanged $2.0 million in 2026 convertible notes for $2.195 million in 2027 notes with Lancer Capital, a related party.
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Innovate CORPINNOVATE Corp. Director Amy Marie Wilkinson was granted 16,363 shares of restricted common stock as part of an equity award plan, increasing her beneficial ownership to 46,904 shares, adjusted for a recent reverse stock split.
Proxy Statements (Def-14A)
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Innovate CORPINNOVATE Corp. has announced its 2026 Annual Meeting of Stockholders, to be held virtually on June 11, 2026, with key proposals including director elections and equity plan amendments.
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Innovate CORPINNOVATE Corp. has filed a definitive proxy statement with the Securities and Exchange Commission.
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Innovate CORPINNOVATE Corp. will hold its 2025 Annual Meeting virtually on June 12, 2025, to vote on director elections, executive compensation, and auditor ratification.
Capital raise
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Innovate CORPInnovate Corp. has amended its equity award plan to increase the number of shares available for issuance, aiming to attract and retain key personnel.
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Innovate CORPINNOVATE Corp.'s annual stockholder meeting was adjourned due to technical difficulties and will be reconvened on June 18, 2024.
Delay expected
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Innovate CORPINNOVATE Corp. files a supplement to its definitive proxy statement to correct an inadvertent error in the Second Amended and Restated 2014 Omnibus Equity Award Plan.
Schedule 13G - Passive Investments
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Innovate CORPSCHEDULE 13G/A: Whitefort Capital Discloses 7.8% Stake in INNOVATE Corp.
Whitefort Capital Management, LP, along with its co-managing partners, reported a 7.8% beneficial ownership stake in INNOVATE Corp., totaling 1,059,897 shares.
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Innovate CORPWhitefort Capital Management, along with its co-managing partners David Salanic and Joseph Kaplan, have reported a 7.6% beneficial ownership stake in INNOVATE Corp.