Modine to Become Modexus Solutions After Gentherm Merger; Closing Set for October 1
MOD sits 61% above its 52-week low of $111.18.
Summary
Modine will become Modexus Solutions after spinning off Performance Technologies and merging with Gentherm. Gentherm shareholders approved the deal today; closing is expected October 1, 2026.
Key Events · M&A and Partnerships · MOD
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Gentherm Shareholders Approve Merger
Gentherm shareholders overwhelmingly approved the transaction at a special meeting held September 10, 2026, clearing a key condition for the merger.
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Closing Expected October 1, 2026
The transaction is expected to close on October 1, 2026, subject to satisfaction or waiver of customary closing conditions.
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Name Change to Modexus Solutions
Modine will become Modexus Solutions after the spinoff and merger, trading on NYSE under the existing ticker 'MOD'. The name change requires Modine shareholder approval.
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Special Meeting Within Three Months
Modine expects to call a special meeting of stockholders to vote on the name change within three months following the closing of the transaction.
Analysis · MOD · Manufacturing
Modine announced it will rename itself Modexus Solutions after completing the spinoff of its Performance Technologies business and merger with Gentherm. Gentherm shareholders overwhelmingly approved the deal at a special meeting today, and the transaction is expected to close October 1, 2026. The name change requires Modine shareholder approval, with a special meeting expected within three months after closing. This is a transformative corporate event that reshapes Modine into a diversified thermal management company focused on data center cooling, commercial HVAC, and refrigeration.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1996 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MOD was trading at $179.26 on NYSE in the Manufacturing sector, with a market capitalization of approximately $9.5B. The 52-week trading range was $111.18 to $323.25. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.