---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-108614"
form_type: "8-K"
ticker: "MOD"
cik: "0000067347"
company_name: "MODINE MANUFACTURING CO"
filed_at: "2026-09-17T21:18:14+00:00"
generated_at: "2026-09-17T21:20:05.390684+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Modine-Gentherm deal: Oct 1 closing expected, exchange ratio up, special dividend set

## Summary
- Modine sets Sept 28, 2026 record date for SpinCo spin-off; distribution expected Oct 1, 2026.
- Exchange ratio to be increased; Gentherm to issue ~2.9M additional shares; SpinCo cash distribution cut from $210M to $159M.
- Gentherm declares ~$58.35M special dividend (~$1.90/share) payable Oct 7, 2026 to Sept 28 record holders, conditioned on closing.
- Post-close ownership: Gentherm holders ~56.4%, SpinCo holders ~43.6% (based on 31.23M fully diluted shares).
- IRS private letter ruling received; Gentherm shareholders approved share issuance on Sept 10, 2026.

## SEC filing metadata
- accession: 0001104659-26-108614
- form_type: 8-K
- ticker: MOD
- cik: 0000067347
- company_name: MODINE MANUFACTURING CO
- filed_at: 2026-09-17T21:18:14+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67347/000110465926108614/0001104659-26-108614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67347/000110465926108614/tm2625565d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-108614
- JSON: https://secwatch.observer/filing/0001104659-26-108614.json
- Plain text: https://secwatch.observer/filing/0001104659-26-108614.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.