Shareholders of Modine Manufacturing (NYSE:MOD) approved a proposal to change the company’s name to Modexus Solutions, Inc. at a special meeting, according to Board Chair Marsha Williams.
The proposal called for an amendment to the company’s Amended and Restated Articles of Incorporation. It was the only proposal before shareholders at the meeting. The transcript did not specify when the name change would take effect.
Williams declared the proposal approved after Erin Roth, the company’s vice president, general counsel, corporate secretary and chief compliance officer, reported that the latest tally had met the required threshold. Roth said an affirmative vote of two-thirds of all votes entitled to be cast on the proposal had been achieved. The company did not provide a more detailed vote breakdown during the meeting.
Meeting participation and voting
Roth said 53,196,918 shares of common stock were outstanding and entitled to vote. Shares represented at the meeting in person or by proxy accounted for 86.39% of the total shares outstanding and entitled to vote.
Williams said the inspectors of election had determined that a majority of eligible outstanding shares were represented, establishing a quorum and allowing the meeting to conduct business. Michael Rathburn, deputy general counsel and assistant corporate secretary, and Isioma Nwabuzor, associate general counsel and assistant corporate secretary, served as inspectors of election.
Shareholders who had not yet voted, or who wanted to change a previous vote, were given an opportunity to do so before the polls closed. Williams said those who had already submitted proxies or voted by telephone or online did not need to take further action if they did not wish to change their votes.
Roth said the meeting notice and proxy statement were mailed beginning October 13, 2026, to shareholders of record as of the close of business on October 9, 2026. She also said a list of shareholders entitled to notice of the meeting was available in the meeting materials.
During the meeting, Roth said no questions pertinent to the proposal had been received. Williams adjourned the meeting after announcing the result.
About Modine Manufacturing (NYSE:MOD)
Modine Manufacturing Company is a global provider of thermal management solutions, serving markets that need to control heating, cooling and temperature-related performance. Founded in 1916 by Arthur B. Modine, the company is headquartered in Racine, Wisconsin. Through its Climate Solutions business, Modine supplies heating, ventilation and air conditioning equipment for commercial and industrial buildings, as well as cooling systems for data centers. Its offerings include chillers, heat exchangers and other equipment designed to manage indoor environments and remove heat from technology infrastructure.
