other material
confidence high
sentiment neutral
materiality 0.85
IAC completes spin-off of Angi; 0.5251 shares per IAC share on March 31, 2025
IAC Inc.
- Distribution of 0.5251 Angi Class A shares per IAC share on March 31, 2025; record date March 25, 2025.
- After distribution, IAC will own no Angi shares; Angi becomes an independent public company.
- Angi trades on Nasdaq as ANGI (regular way) and ANGIV (when-issued); IAC as IAC (with entitlement) and IACVV (without).
- No fractional Angi shares; stockholders receive cash in lieu of fractions.
- Ex-dividend date for IAC common stock is April 1, 2025.