Business Context and Reporting Period
This Form 8-K Current Report was filed by HC2 Holdings, Inc. (the "Company") on August 18, 2021. The report details a corporate name change to INNOVATE Corp., effective September 20, 2021. The Company is a Delaware corporation with its principal executive offices in New York, NY.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and administrative changes rather than financial performance.
Material Changes
- Corporate Name: Changed from HC2 Holdings, Inc. to INNOVATE Corp.
- Effective Date: September 20, 2021.
- Trading Symbol: The common stock will trade on the New York Stock Exchange under the new symbol "VATE" (previously "HCHC").
- CUSIP Number: The CUSIP number will change to 47584J105 upon effectiveness.
- Governance Documents: Amendments were filed to the Second Amended and Restated Certificate of Incorporation and the Fourth Amended and Restated By-Laws to reflect the name change.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The document serves solely to disclose the name change and associated administrative updates under Regulation FD and Item 8.01 (Other Events).
Key Facts for Investor Verification
- Verify the new ticker symbol "VATE" on the New York Stock Exchange starting September 20, 2021.
- Confirm the updated CUSIP number 47584J105 for trading and settlement purposes.
- Review the attached exhibits (3.1 and 3.2) for the specific legal language of the amended Certificate of Incorporation and By-Laws.
- Note that the press release referenced in Item 7.01 is not deemed "filed" for Section 18 liability purposes under the Exchange Act.