{"schema_version":"secwatch.filing_event.v1","accession":"0001006837-24-000053","form_type":"8-K","ticker":"VATE","cik":"0001006837","company_name":"INNOVATE Corp.","filed_at":"2024-04-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.846102+00:00","generated_at":"2026-06-03T09:11:03.705530+00:00","sec_items":["3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"INNOVATE Corp. closes rights offering, raising $35M from common shares and Lancer Capital preferred stock.","bullets":["Rights offering expired Apr. 19, 2024; 5.3M common shares at $0.70/share raised $3.7M in gross proceeds.","Lancer Capital (Avram Glazer) purchased 31.3K shares of Series C preferred stock at $1,000/share for $31.3M total.","After offering, INNOVATE has 85.2M common shares outstanding; conversion of preferred could add 44.7M shares.","Proceeds from rights offering to be used for general corporate purposes, debt service, and working capital."],"urls":{"canonical":"https://secwatch.observer/filing/0001006837-24-000053","json":"https://secwatch.observer/filing/0001006837-24-000053.json","markdown":"https://secwatch.observer/filing/0001006837-24-000053.md","text":"https://secwatch.observer/filing/0001006837-24-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006837/000100683724000053/0001006837-24-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006837/000100683724000053/hchc-20240424.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T09:11:03.705530+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"}