---
schema_version: "secwatch.filing_event.v1"
accession: "0001800227-25-000018"
form_type: "8-K"
ticker: "IAC"
cik: "0001800227"
company_name: "IAC Inc."
filed_at: "2025-04-08T23:59:59+00:00"
generated_at: "2026-05-23T19:06:59.153034+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# IAC completes spin-off of Angi; provides restated historical financials for continuing ops

## Summary
- Completed spin-off of Angi Inc. on March 31, 2025 via special dividend of all Angi shares to IAC stockholders.
- Angi (including Roofing) reclassified as discontinued operations for all periods prior to spin-off; IAC no longer owns Angi.
- Continuing ops revenue 2024: $2.62B (Dotdash Meredith $1.78B, Care.com $370M, Search $388M, Emerging & Other $89M).
- Continuing ops Adjusted EBITDA 2024: $232M (Dotdash Meredith $295M, Care.com $45M, Search $17.5M, Emerging & Other -$36M).
- 2024 continuing ops net loss attributable to IAC shareholders -$540M, including $649M unrealized loss on MGM investment.

## SEC filing metadata
- accession: 0001800227-25-000018
- form_type: 8-K
- ticker: IAC
- cik: 0001800227
- company_name: IAC Inc.
- filed_at: 2025-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800227/000180022725000018/0001800227-25-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800227/000180022725000018/iaci-20250408.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001800227-25-000018
- JSON: https://secwatch.observer/filing/0001800227-25-000018.json
- Plain text: https://secwatch.observer/filing/0001800227-25-000018.txt

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