secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2026-10-01T20:50:31+00:00
Accession:  0001104659-26-112870
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.95
Item codes: 1.01, 2.01, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Modine completes spin-off of Performance Technologies and Reverse Morris Trust merger with Gentherm
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- Modine shareholders received 0.44619 Gentherm shares per Modine share; Gentherm issued 23,735,961 shares, giving Modine holders ~43.62% of the combined company.
- SpinCo paid Modine $155,991,275 cash (down from $210 million after an exchange-ratio adjustment); Modine used it to prepay borrowings under its Sixth Amended and Restated Credit Agreement.
- The Performance Technologies business was valued at approximately $946.4 million; Gentherm declared a $2.07 per share special dividend payable Oct. 7, 2026.
- Jeremy M. Patten ceased serving as President, Performance Technologies; Paul A. Mascarenas was appointed to Gentherm's board effective at closing.
- Modine plans a special shareholder meeting within three months to approve renaming the company Modexus Solutions; MOD will keep its NYSE ticker.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000110465926112870/0001104659-26-112870-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000110465926112870/tm2626618d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-112870

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