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Innovate Corp
295 MADISON AVENUE, 12TH FLOOR
Phone: (954) 663-1147p:954 663-1147 NEW YORK, NY  10017  United States Ticker: VATEVATE
Business Summary
Innovate Corp. is a diversified holding company. The Company has a portfolio of subsidiaries in a variety of operating segments. Its segments include Infrastructure (DBMG), Life Sciences (Pansend), and Spectrum. DBM Global Inc. (DBMG) is a fully integrated construction company offering both construction and professional services primarily through its core subsidiaries. It provides services, including design-assist, modularization, fabrication and erection of structural steel, heavy steel plate, trusses and girders, heavy equipment installation, as well as facility services for maintenance and shutdowns. DBMG manufactures pressure vessels, strainers, filters, and separators. Life Sciences segment is comprised of Pansend Life Sciences, LLC, which is focused on supporting healthcare and biotechnology product development. Spectrum segment is comprised of HC2 Broadcasting Holdings Inc. and its subsidiaries. It owns and operates broadcast television stations throughout the United States.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-YesYes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023YesYesYes-Yes

Industries
SIC Code Description
4813 Telephone communications, except radiotelephone
3441 Fabricated structural metal
3448 Prefabricated metal buildings and components
8711 Engineering services
3841 Surgical and medical instruments and apparatus
3845 Electromedical and electrotherapeutic apparatus
4833 Television broadcasting stations
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Avram A.Glazer 63 5/13/2020 5/13/2020
Interim Chief Executive Officer Paul K.Voigt 64 7/25/2023 10/1/2014
Chief Financial Officer Michael J.Sena 50 6/1/2015 6/1/2015
3 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
DBM VIRCON SERVICES (UK) LIMITED SUITE M, 2ND FLOOR KIDLINGTON CENTRE UK
Schuff Steel Company 3003 N. Central Avenue Phoenix AZ United States
DBM Global Inc 3020 E Camelback Rd Ste 100 PHOENIX AZ United States
13 additional Subsidiary records available in full report.

Business Names
Business Name
5050 Central Ltd.
Addison Structural Services, Inc.
Aitken Manufacturing Inc.
112 additional Business Names available in full report.

General Information
Number of Employees: 3,946 (As of 12/31/2023)
Outstanding Shares: 79,234,991 (As of 2/29/2024)
Shareholders: 48
Stock Exchange: NYSE
Federal Tax Id: 541708481
Fax Number: (302) 636-5454
Email Address: info@primustel.com


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Tuesday, April 16, 2024