{"schema_version":"secwatch.filing_event.v1","accession":"0001006837-24-000050","form_type":"8-K","ticker":"VATE","cik":"0001006837","company_name":"INNOVATE Corp.","filed_at":"2024-04-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.845716+00:00","generated_at":"2026-06-03T13:22:41.249512+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"INNOVATE Corp. announces preliminary results of rights offering; expects ~$35M gross proceeds","bullets":["18.1M basic subscription rights exercised to purchase 5.2M shares of common stock at $0.70/share.","0.1M additional shares subscribed under over-subscription privilege, subject to proration.","Lancer Capital (led by Chairman Avram Glazer) to purchase 15.3K preferred shares at $1,000/share under backstop.","Total gross proceeds of ~$35M from rights offering and concurrent private placement.","Proceeds to be used for general corporate purposes including debt service and working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001006837-24-000050","json":"https://secwatch.observer/filing/0001006837-24-000050.json","markdown":"https://secwatch.observer/filing/0001006837-24-000050.md","text":"https://secwatch.observer/filing/0001006837-24-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006837/000100683724000050/0001006837-24-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006837/000100683724000050/hchc-20240422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T13:22:41.249512+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}