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Modine Sets September 28, 2026 Record Date For Performance Technologies Spin-Off And Merger With Gentherm, Which Declares ~$1.90/Share Special Dividend

BenzingaBenzinga Newsdesk

Modine sets record date for spin-off of Performance Technologies Gentherm declares special cash dividend payable following completion of the transaction and conditioned on closingNOVI, Mich. and RACINE, Wis., Sept. 17,

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  1. SEC EDGARSEC EDGAR

    8-K filing — Gentherm Inc (THRM)

    Filed: 2026-09-11 AccNo: 0001193125-26-388630 Size: 226 KB Item 5.07: Submission of Matters to a Vote of Security Holders Item 7.01: Regulation FD Disclosure Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits

  2. Globenewswire IncNa

    Gentherm Shareholders Approve Combination with Modine’s Performance Technologies Business

    Gentherm shareholders voted to approve the proposed combination with Modine's Performance Technologies business, with approximately 99% voting in favor of share issuance and 94% supporting charter amendments. The transaction has received all required regulatory approvals and is expected to close on October 1, 2026. The combined entity aims to create a higher-growth, higher-margin thermal and precision flow management business.