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VATE 424B5: Secondary offering

INNOVATE Corp.

Filed with the SEC on · accession 0001006837-26-000078

VATE filed a 424B5 (prospectus (offering)) with the SEC on Aug 10, 2026. The final terms of an offering of shares or bonds. The stock moved -41.1% by the first close after the filing.

Summary of the filing

INNOVATE Corp. entered into an Open Market Sale Agreement with Jefferies LLC to sell up to $31 million of its common stock from time to time in at-the-market offerings.

For details, click here →How to read a 424B5 →

Key details

Maximum aggregate offering price of common stock$31.0M
Commission rate$3
IssuerINNOVATE Corp.
Sales agent/underwriterJefferies LLC

How VATE stock reacted

Close before

$12.11

Aug 7, 2026

First close after

-41.12%

$7.13

5 trading days

-34.27%

$7.96

Since filing

-56.56%

$5.26

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Frequently asked questions

What did VATE file with the SEC on Aug 10, 2026?

VATE filed a 424B5 (Secondary offering). INNOVATE Corp. entered into an Open Market Sale Agreement with Jefferies LLC to sell up to $31 million of its common stock from time to time in at-the-market offerings.

What does a secondary offering mean for VATE stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B5?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did VATE stock react to this filing?

VATE closed at $12.11 before the filing and $7.13 on Aug 10, 2026 (-41.12%). Five trading days later: $7.96 (-34.27%).

Other VATE SEC filings

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