INNOVATE Corp. (VATE) Form S-3/A — Aug 19, 2026
INNOVATE Corp. filed Pre-Effective Amendment No. 1 to its Form S-3 shelf registration statement, registering up to $100,000,000 of common stock, preferred stock, depositary shares, warrants, subscription rights, purchase contracts and purchase units for sale from time to time. Any specific offering terms would come in future prospectus supplements, with proceeds expected for general corporate purposes including possible repayment of indebtedness.
Key figures
- Interest Rate
- 10.50% (2027 Senior Secured Notes due 2027)
- Gross Proceeds
- $100,000,000 maximum aggregate offering price under the shelf
- Dbmg stake being sold
- 91.21%
- Authorized common shares
- 250000000
- Preferred accretion rate
- 4.00% annualized, reduced to 2.00% or 0.0% upon specified NAV growth
- Sec registration fee usd
- 13810
- Authorized preferred shares
- 20000000
- Series a3 conversion shares
- 311475
- Series a4 conversion shares
- 67673
- Spectrum revenue 1h2026 usd
- $10.7 million
- Spectrum revenue fy2025 usd
- $23.2 million
- Spectrum merger bridge loan usd
- $105 million
- Infrastructure revenue 1h2026 usd
- $771.9 million
- Infrastructure revenue fy2025 usd
- $1,210.3 million
- Series a3 preferred shares issued
- 6125
- Series a4 preferred shares issued
- 1937
- Preferred cumulative dividend rate
- 7.50% annualized
- Asset sale net proceeds milestone usd
- $150 million
Price after filing
1 day: +2.6%7 days: -1.9%30 days: +0.6%
Close on the filing date to close N calendar days later (from $7.81). Historical, not a forecast.
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