secwatch.observer — SEC 8-K summary
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Issuer:     IAC Inc. (IAC)
CIK:        0001800227
Form:       8-K
Filed at:   2025-03-28T23:59:59+00:00
Accession:  0001104659-25-029063
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

IAC completes spin-off of Angi; 0.5251 shares per IAC share on March 31, 2025
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800227/000110465925029063/0001104659-25-029063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800227/000110465925029063/tm2510759d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-029063

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