%PDF-1.7
4 0 obj
<<
/BitsPerComponent 8
/ColorSpace /DeviceRGB
/Filter /DCTDecode
/Height 212
/Length 12513
/Subtype /Image
/Type /XObject
/Width 2550
>>
stream
Save time and jump to the most important pieces.
NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. ("HC2" or "the Company") (NYSE:HCHC) today announced that its Board of Directors ("Board") has adopted a tax benefits preservation plan designed to protect the availability of HC2's net operating loss carryforwards ("NOLs") and other tax attributes under the Internal Revenue Code ("Tax Benefits Preservation Plan"). As of December 31, 2020, HC2 had approximately $170.3 million of federal NOLs and $175.3 million of Section 163j interest limitation carryforwards available to offset its future taxable income. However, if the Company were to experience an ownership change as defined in Section 382 of the Code, its ability to utiliz
NEW YORK, Aug. 19, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (NYSE:HCHC) today announced that its previously announced name change to INNOVATE Corp. is expected to take effect on Monday, September 20, 2021, along with the launch of a new corporate brand identity and website. The Company is expected to commence trading on the New York Stock Exchange under the trading symbol VATE at market open on September 20, 2021. Until that time, the Company will continue to trade on the New York Stock Exchange under its present symbol, HCHC. There is no change in the Company's capitalization structure as a result of the name change. The name INNOVATE reflects the Company's focus on innovative growth
NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. ("HC2" or "the Company") (NYSE:HCHC), announced today that its infrastructure business DBM Global Inc. ("DBM") (OTC:DBMG), a family of companies providing fully integrated steel construction services, will pay a cash dividend of approximately $5 million, or $1.297 per share, on August 31, 2021 to DBM stockholders of record at the close of business on August 16, 2021. As the largest stockholder of DBM Global Inc., HC2 expects to receive approximately $4.5 million of the total $5 million dividend payout. HC2 individual stockholders are not eligible to receive the cash dividend. About HC2HC2 Holdings is being renamed INNOVATE Cor
8-K - INNOVATE Corp. (0001006837) (Filer)
8-K - INNOVATE Corp. (0001006837) (Filer)
8-K/A - HC2 HOLDINGS, INC. (0001006837) (Filer)
SC 13D/A - HC2 HOLDINGS, INC. (0001006837) (Subject)
SC 13D/A - HC2 HOLDINGS, INC. (0001006837) (Subject)
SC 13D/A - HC2 HOLDINGS, INC. (0001006837) (Subject)
4 - HC2 HOLDINGS, INC. (0001006837) (Issuer)
3 - HC2 HOLDINGS, INC. (0001006837) (Issuer)
3 - HC2 HOLDINGS, INC. (0001006837) (Issuer)
NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. ("HC2" or "the Company") (NYSE:HCHC) today announced that its Board of Directors ("Board") has adopted a tax benefits preservation plan designed to protect the availability of HC2's net operating loss carryforwards ("NOLs") and other tax attributes under the Internal Revenue Code ("Tax Benefits Preservation Plan"). As of December 31, 2020, HC2 had approximately $170.3 million of federal NOLs and $175.3 million of Section 163j interest limitation carryforwards available to offset its future taxable income. However, if the Company were to experience an ownership change as defined in Section 382 of the Code, its ability to utiliz
NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. ("HC2" or "the Company") (NYSE:HCHC), announced today that its infrastructure business DBM Global Inc. ("DBM") (OTC:DBMG), a family of companies providing fully integrated steel construction services, will pay a cash dividend of approximately $5 million, or $1.297 per share, on August 31, 2021 to DBM stockholders of record at the close of business on August 16, 2021. As the largest stockholder of DBM Global Inc., HC2 expects to receive approximately $4.5 million of the total $5 million dividend payout. HC2 individual stockholders are not eligible to receive the cash dividend. About HC2HC2 Holdings is being renamed INNOVATE Cor
PHOENIX, Ariz., Aug. 06, 2021 (GLOBE NEWSWIRE) -- DBM Global Inc. (OTC:DBMG), a family of companies providing fully integrated steel construction services, and an operating subsidiary of HC2 Holdings, Inc. (NYSE:HCHC), announced today that it will pay a cash dividend of approximately $5 million, or $1.297 per share, on August 31, 2021 to DBM Global Inc. stockholders of record at the close of business on August 16, 2021. About DBM Global Inc. DBM Global is focused on delivering world class, sustainable value to its clients through a highly collaborative portfolio of companies which provide better designs, more efficient construction and superior asset management solutions. DBM Global offe
NEW YORK, Dec. 31, 2020 (GLOBE NEWSWIRE) -- HC2 Holdings, Inc. (“HC2” or “the Company”) (NYSE: HCHC) announced today that it has agreed to sell its majority-owned clean energy subsidiary Beyond6, Inc. (“Beyond6”) to Mercuria Investments US, Inc. (“Mercuria”) for approximately $169 million. HC2, which owns approximately 61% of Beyond6 on a fully diluted basis, expects to receive approximately $65 million in cash, subject to customary closing adjustments. “The sale of Beyond6 is another significant step forward for HC2 as our Board continues to actively evaluate businesses across our portfolio and monetize assets that improve our capital structure and provide increased flexibility, which wi