---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-039787"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2026-06-02T20:06:17+00:00"
generated_at: "2026-06-02T20:14:44.654406+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IAC ceases Search segment after Google Services Agreement expires on April 30, 2026

## Summary
- Google Services Agreement expired on April 30, 2026; IAC received non-renewal notice in Dec 2025.
- Search segment reported as discontinued operations; all historical periods restated.
- Continuing operations Q1 2026 revenue $405.8M, operating loss $(31.8M), Adjusted EBITDA $11.0M.
- IAC in process of being renamed 'People Incorporated'; no other segment changes.

## SEC filing metadata
- accession: 0001628280-26-039787
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2026-06-02T20:06:17+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000162828026039787/0001628280-26-039787-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000162828026039787/iaci-20260602.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-039787
- JSON: https://secwatch.observer/filing/0001628280-26-039787.json
- Plain text: https://secwatch.observer/filing/0001628280-26-039787.txt

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