{"schema_version":"secwatch.filing_event.v1","accession":"0001006837-26-000053","form_type":"8-K","ticker":"VATE","cik":"0001006837","company_name":"INNOVATE Corp.","filed_at":"2026-08-03T12:28:19+00:00","discovered_at":"2026-08-03T12:30:02.369662+00:00","generated_at":"2026-08-03T12:30:11.671108+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"INNOVATE Corp. amends notes to allow PIK interest, reduces cash interest by $19M","bullets":["Supplemental indentures allow interest on 10.5% 2027 notes and 9.5% convertible notes to be paid in kind for Feb-Jul 2026 period for consenting holders.","Consenting holders receive 1.5% consent fee in additional notes; non-consenting holders get cash interest.","Total principal of 10.5% notes increases to $400.9M; cash interest paid $3.1M vs $19.9M otherwise due.","Total principal of convertible notes increases to $58.9M; cash interest paid $0.5M vs $2.7M otherwise due.","R2 Technologies extends maturity of Lancer Capital promissory note from Aug 1, 2026 to Dec 31, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001006837-26-000053","json":"https://secwatch.observer/filing/0001006837-26-000053.json","markdown":"https://secwatch.observer/filing/0001006837-26-000053.md","text":"https://secwatch.observer/filing/0001006837-26-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1006837/000100683726000053/0001006837-26-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1006837/000100683726000053/hchc-20260731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-03T12:30:11.671108+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"}