INNOVATE Corp. Files 8-K with Financial Updates
Ticker: VATE · Form: 8-K · Filed: Mar 4, 2024 · CIK: 1006837
| Field | Detail |
|---|---|
| Company | Innovate Corp. (VATE) |
| Form Type | 8-K |
| Filed Date | Mar 4, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, corporate-actions
TL;DR
INNOVATE Corp. (formerly HC2 Holdings) dropped an 8-K on 3/4/24 with financial results and exhibits.
AI Summary
On March 4, 2024, INNOVATE Corp. filed an 8-K report detailing results of operations, financial condition, and providing Regulation FD disclosures. The filing also includes financial statements and exhibits. The company was formerly known as HC2 Holdings, Inc. and PTGi Holding, Inc. before changing its name.
Why It Matters
This 8-K filing provides crucial updates on INNOVATE Corp.'s financial performance and operational status, which is essential for investors to assess the company's current health and future prospects.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting financial information and does not indicate any immediate or significant risks.
Key Players & Entities
- INNOVATE Corp. (company) — Registrant
- HC2 Holdings, Inc. (company) — Former company name
- PTGi Holding, Inc. (company) — Former company name
- March 4, 2024 (date) — Date of Report
FAQ
What is the primary purpose of this 8-K filing by INNOVATE Corp.?
The primary purpose of this 8-K filing is to report on INNOVATE Corp.'s Results of Operations and Financial Condition, provide Regulation FD Disclosures, and include Financial Statements and Exhibits.
When was this 8-K report filed?
This 8-K report was filed on March 4, 2024.
What were INNOVATE Corp.'s previous names?
INNOVATE Corp. was formerly known as HC2 Holdings, Inc. and PTGi Holding, Inc.
In which state is INNOVATE Corp. incorporated?
INNOVATE Corp. is incorporated in Delaware.
What is INNOVATE Corp.'s business address?
INNOVATE Corp.'s business address is 295 MADISON AVENUE, 12TH FLOOR, NEW YORK, NY 10017.
Filing Stats: 731 words · 3 min read · ~2 pages · Grade level 9.2 · Accepted 2024-03-04 17:25:50
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share VATE New York Stock Exchange
Filing Documents
- hchc-20240304.htm (8-K) — 36KB
- exhibit991-q42023pressrele.htm (EX-99.1) — 450KB
- q42023earningswebcast-fi.htm (EX-99.2) — 30KB
- innovatelogo-notextjpg.jpg (GRAPHIC) — 49KB
- q42023earningswebcast-fi001.jpg (GRAPHIC) — 47KB
- q42023earningswebcast-fi002.jpg (GRAPHIC) — 294KB
- q42023earningswebcast-fi003.jpg (GRAPHIC) — 157KB
- q42023earningswebcast-fi004.jpg (GRAPHIC) — 108KB
- q42023earningswebcast-fi005.jpg (GRAPHIC) — 115KB
- q42023earningswebcast-fi006.jpg (GRAPHIC) — 163KB
- q42023earningswebcast-fi007.jpg (GRAPHIC) — 134KB
- q42023earningswebcast-fi008.jpg (GRAPHIC) — 131KB
- q42023earningswebcast-fi009.jpg (GRAPHIC) — 137KB
- q42023earningswebcast-fi010.jpg (GRAPHIC) — 93KB
- q42023earningswebcast-fi011.jpg (GRAPHIC) — 40KB
- q42023earningswebcast-fi012.jpg (GRAPHIC) — 121KB
- q42023earningswebcast-fi013.jpg (GRAPHIC) — 88KB
- q42023earningswebcast-fi014.jpg (GRAPHIC) — 98KB
- q42023earningswebcast-fi015.jpg (GRAPHIC) — 88KB
- q42023earningswebcast-fi016.jpg (GRAPHIC) — 91KB
- 0001006837-24-000017.txt ( ) — 3438KB
- hchc-20240304.xsd (EX-101.SCH) — 3KB
- hchc-20240304_def.xml (EX-101.DEF) — 18KB
- hchc-20240304_lab.xml (EX-101.LAB) — 35KB
- hchc-20240304_pre.xml (EX-101.PRE) — 18KB
- hchc-20240304_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On March 4, 2024, INNOVATE Corp. (the "Company") issued a press release announcing its results for the quarter and year ended December 31, 2023 (the "Earnings Release") and posted the INNOVATE Corp. Fourth Quarter 2023 Conference Call Investor Presentation to its Investor Relations section of the Company's website at http://www.innovatecorp.com . A copy of the Earnings Release and the investor presentation are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure As previously announced, the Company will conduct a conference call today, Monday, March 4, 2024 at 4:30 p.m. ET. The presentation slides to be used during the call, attached hereto as Exhibit 99.2, will be available on the "Investor Relations" section of the Company's website ( http://www.innovatecorp.com ) immediately prior to the call. The conference call and the presentation slides will be simultaneously webcast on the "Investor Relations" section of the Company's website beginning at 4:30 p.m. ET on Monday, March 4, 2024. The information contained in, or that can be accessed through the Company's website is not a part of this filing. The information in Item 2.02 and Item 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press Release of INNOVATE Corp., dated March 4, 2024 99.2 INNOVATE Corp. Fourth Quarter 2023 Conference Call Investor Presentation 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
SIGNATURES
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. INNOVATE Corp. March 4, 2024 By: /s/ Michael J. Sena Name: Michael J. Sena Title: Chief Financial Officer