Modine to Rebrand as Modexus Solutions Following Spinoff and Merger

Modine Manufacturing Company announced it will change its corporate name to Modexus Solutions. The rebranding is contingent upon the completion of the spinoff of its Performance Technologies business and its subsequent merger with Gentherm.

Key Details

• New Corporate Name: The company will be renamed Modexus Solutions, subject to shareholder approval.
• Transaction Context: The name change follows a strategic transaction involving the spinoff of the Performance Technologies business, which will then merge with Gentherm.
• Expected Closing: The underlying spinoff and merger transaction is expected to close on October 1, 2026.
• Stock Ticker: The company will continue to trade on the New York Stock Exchange under its current ticker symbol, "MOD".