secwatch.observer — SEC 8-K summary
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Issuer:     Angi Inc. (ANGI)
CIK:        0001705110
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0001104659-25-021974
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Angi announces 1-for-10 reverse stock split effective March 24, spin-off from IAC on March 31
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- Reverse stock split at 1-for-10 ratio for Class A and Class B common stock effective March 24, 2025.
- IAC to distribute all its Angi shares as a special dividend on March 31, 2025 to IAC stockholders of record March 25.
- Approximately 0.5178 Angi shares per IAC share expected based on current counts; cash for fractional shares.
- After spin-off, IAC will own no Angi stock; Angi trades under 'ANGI' on Nasdaq with when-issued trading prior to distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1705110/000110465925021974/0001104659-25-021974-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1705110/000110465925021974/tm258609d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-021974

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