---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-078988"
form_type: "8-K"
ticker: null
cik: "0001575434"
company_name: "Vericity, Inc."
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:41:58.280386+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# iA Financial completes ~$170M acquisition of Vericity at $11.43/share, delisting VERY

## Summary
- All-cash deal valued at ~$170M; stockholders received $11.43 per share.
- Vericity common stock delisted from Nasdaq; company will deregister with SEC.
- Seven prior directors replaced; new board includes Denis Ricard, Michael L. Stickney.
- Vericity now wholly-owned by IA American Holdings (iA Financial); J.C. Flowers exits.

## SEC filing metadata
- accession: 0000950170-24-078988
- form_type: 8-K
- cik: 0001575434
- company_name: Vericity, Inc.
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/very-20240628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-078988
- JSON: https://secwatch.observer/filing/0000950170-24-078988.json
- Plain text: https://secwatch.observer/filing/0000950170-24-078988.txt

## Key facts
- Executive change
  Eric Rahe departed as director at Vericity, Inc..
  - Action: ceased to be director
  - Role: director
  source text: each of the seven directors of the Company prior to consummation of the Merger (Eric Rahe, Richard A. Hemmings, James E. Hohmann, Neil Ashe, Calvin Dong, Scott Perry and Laura R. Zimmerman) ceased to be directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Sean O'Brien was appointed as director at Vericity, Inc..
  - Action: appointed
  - Role: director
  source text: the directors of Merger Sub in office immediately prior to consummation of the Merger (Denis Ricard, Michael L. Stickney, Joe W. Dunlap, Sean O'Brien and James E. Hohmann) became the directors of the Company at the Effective Time
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Richard A. Hemmings departed as director at Vericity, Inc..
  - Action: ceased to be director
  - Role: director
  source text: each of the seven directors of the Company prior to consummation of the Merger (Eric Rahe, Richard A. Hemmings, James E. Hohmann, Neil Ashe, Calvin Dong, Scott Perry and Laura R. Zimmerman) ceased to be directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  James E. Hohmann was appointed as director at Vericity, Inc..
  - Action: appointed
  - Role: director
  source text: the directors of Merger Sub in office immediately prior to consummation of the Merger (Denis Ricard, Michael L. Stickney, Joe W. Dunlap, Sean O'Brien and James E. Hohmann) became the directors of the Company at the Effective Time
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Joe W. Dunlap was appointed as director at Vericity, Inc..
  - Action: appointed
  - Role: director
  source text: the directors of Merger Sub in office immediately prior to consummation of the Merger (Denis Ricard, Michael L. Stickney, Joe W. Dunlap, Sean O'Brien and James E. Hohmann) became the directors of the Company at the Effective Time
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  James E. Hohmann departed as director at Vericity, Inc..
  - Action: ceased to be director
  - Role: director
  source text: each of the seven directors of the Company prior to consummation of the Merger (Eric Rahe, Richard A. Hemmings, James E. Hohmann, Neil Ashe, Calvin Dong, Scott Perry and Laura R. Zimmerman) ceased to be directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Michael L. Stickney was appointed as director at Vericity, Inc..
  - Action: appointed
  - Role: director
  source text: the directors of Merger Sub in office immediately prior to consummation of the Merger (Denis Ricard, Michael L. Stickney, Joe W. Dunlap, Sean O'Brien and James E. Hohmann) became the directors of the Company at the Effective Time
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Laura R. Zimmerman departed as director at Vericity, Inc..
  - Action: ceased to be director
  - Role: director
  source text: each of the seven directors of the Company prior to consummation of the Merger (Eric Rahe, Richard A. Hemmings, James E. Hohmann, Neil Ashe, Calvin Dong, Scott Perry and Laura R. Zimmerman) ceased to be directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Denis Ricard was appointed as director at Vericity, Inc..
  - Action: appointed
  - Role: director
  source text: the directors of Merger Sub in office immediately prior to consummation of the Merger (Denis Ricard, Michael L. Stickney, Joe W. Dunlap, Sean O'Brien and James E. Hohmann) became the directors of the Company at the Effective Time
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Calvin Dong departed as director at Vericity, Inc..
  - Action: ceased to be director
  - Role: director
  source text: each of the seven directors of the Company prior to consummation of the Merger (Eric Rahe, Richard A. Hemmings, James E. Hohmann, Neil Ashe, Calvin Dong, Scott Perry and Laura R. Zimmerman) ceased to be directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Neil Ashe departed as director at Vericity, Inc..
  - Action: ceased to be director
  - Role: director
  source text: each of the seven directors of the Company prior to consummation of the Merger (Eric Rahe, Richard A. Hemmings, James E. Hohmann, Neil Ashe, Calvin Dong, Scott Perry and Laura R. Zimmerman) ceased to be directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- Executive change
  Scott Perry departed as director at Vericity, Inc..
  - Action: ceased to be director
  - Role: director
  source text: each of the seven directors of the Company prior to consummation of the Merger (Eric Rahe, Richard A. Hemmings, James E. Hohmann, Neil Ashe, Calvin Dong, Scott Perry and Laura R. Zimmerman) ceased to be directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm
- M&A Transactions
  Vericity, Inc. underwent a change of control involving iA American Holdings Inc. for $11.43 per share in cash, valued at approximately $170 million (closed 2024-06-28).
  - Action: change of control
  - Counterparty: iA American Holdings Inc.
  - Consideration: $11.43 per share in cash, valued at approximately $170 million
  - Closing: 2024-06-28
  source text: rights in accordance with Section 262 of the General Corporation Law of the State of Delaware) was, at the Effective Time, automatically converted into the right to receive $11.43 in cash, without interest and subject to applicable withholding taxes (the “ Merger Consideration ”). The foregoing description of the Merger Agreement and the Merger does not
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575434/000095017024078988/0000950170-24-078988-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.