---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-419232"
form_type: "8-K/A"
ticker: "THRM"
cik: "0000903129"
company_name: "Gentherm Inc"
filed_at: "2026-10-09T21:29:14+00:00"
generated_at: "2026-10-12T13:14:01.385875+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gentherm completes Modine Performance Technologies merger; pro forma 2025 net loss $66.1M on $2.61B revenue

## Summary
- Completed Oct 1, 2026 combination: Modine spun off Performance Technologies; each SpinCo share converted into 0.44619 Gentherm shares plus cash for fractional shares.
- Gentherm issued 23,735,961 shares to Modine record-date holders, who now own ~43.62% of Gentherm; legacy Gentherm holders own ~56.38%.
- SpinCo entered $250M committed financing on June 29, 2026; paid Modine a $156M distribution; Gentherm paid a $2.07/share special dividend ($63.5M total) on Oct 7.
- Pro forma six months ended June 30, 2026: revenue $1.37B, operating income $35.6M, net income $10.2M, diluted EPS $0.28 on 54.7M weighted average shares.
- Pro forma FY2025: revenue $2.61B, operating income $98.5M, net loss attributable to Gentherm $66.1M ($1.22 diluted loss per share), including a $66.2M pension termination charge.

## SEC filing metadata
- accession: 0001193125-26-419232
- form_type: 8-K/A
- ticker: THRM
- cik: 0000903129
- company_name: Gentherm Inc
- filed_at: 2026-10-09T21:29:14+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/903129/000119312526419232/0001193125-26-419232-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/903129/000119312526419232/d186467d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-419232
- JSON: https://secwatch.observer/filing/0001193125-26-419232.json
- Plain text: https://secwatch.observer/filing/0001193125-26-419232.txt

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