secwatch.observer — SEC 8-K summary
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Issuer:     IAC Inc. (IAC)
CIK:        0001800227
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001628280-25-048240
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dotdash Meredith Q3 2025 revenue $429.8M, net income $4.3M; issues $400M notes
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- Q3 revenue $429.8M (down 2.2% YoY); operating income $28.5M vs $22.1M YoY.
- Net income $4.3M vs loss $3.2M YoY; nine-month net income $3.5M vs loss $48.2M.
- Issued $400M 7.625% Senior Secured Notes due 2032; refinanced Term Loans.
- Cash from operations $57.1M for nine months; cash & equivalents $280.4M at Sep 30.
- Lease amendments led to $41.5M net gain in G&A; rebranded as People Inc. on July 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1800227/000162828025048240/0001628280-25-048240-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1800227/000162828025048240/iaci-20251103.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-048240

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer