---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-040419"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T07:04:48.289344+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# IAC enters voting agreement with MGM Resorts, caps voting at 25.73%

## Summary
- IAC, Barry Diller, and controlled affiliates must vote MGM shares above 25.73% threshold proportionally with other stockholders.
- Agreement terminates if Covered Entities hold below 17.5% of MGM voting securities or MGM Board fails to nominate two IAC-designated directors.
- Barry Diller is deemed IAC's initial designee; MGM Board must add qualified directors within one month of IAC designation.
- Diller Entities released from voting restriction if Diller leaves IAC chairman/senior exec role and holds under 1/3 IAC voting power.

## SEC filing metadata
- accession: 0001104659-26-040419
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2026-04-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000110465926040419/0001104659-26-040419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000110465926040419/tm2611031d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-040419
- JSON: https://secwatch.observer/filing/0001104659-26-040419.json
- Plain text: https://secwatch.observer/filing/0001104659-26-040419.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.