secwatch.observer — SEC 8-K summary
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Issuer:     IAC Inc. (IAC)
CIK:        0001800227
Form:       8-K
Filed at:   2025-03-10T23:59:59+00:00
Accession:  0001104659-25-021977
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

IAC announces spin-off of Angi Inc. via special dividend; record date March 25, distribution March 31
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- Board approved spin-off of Angi Inc.; IAC will distribute all Angi shares to IAC stockholders.
- Record date March 25, 2025; distribution date March 31, 2025.
- Approximately 0.5178 shares of Angi Class A common stock per share of IAC stock (subject to adjustment).
- No fractional shares; cash paid in lieu of fractional shares.
- Angi to continue trading on Nasdaq under ticker 'ANGI'; when-issued trading expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800227/000110465925021977/0001104659-25-021977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800227/000110465925021977/tm258523d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-021977

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