Angi completes spin-off from IAC; IAC converts 41.7M Class B shares to Class A

Angi Inc.

IAC completed the previously announced spin-off of Angi via a special dividend of all Angi shares on March 31, 2025.
Prior to distribution, IAC converted 41,701,064 Angi Class B shares into Class A shares on a one-for-one basis.
The conversion was an unregistered sale of equity securities exempt under Section 4(2) of the Securities Act; Angi received no consideration.

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