IAC Inc. Amends Angi Inc. Stake Filing

Ticker: ANGI · Form: SC 13D/A · Filed: 2024-11-12T00:00:00.000Z

Sentiment: neutral

Topics: ownership-change, sec-filing, amendment

Related Tickers: ANGI

TL;DR

IAC just updated its Angi stake filing - big move incoming?

AI Summary

IAC Inc. filed an amendment (No. 2) to its Schedule 13D on November 12, 2024, regarding its holdings in Angi Inc. The filing indicates a change in beneficial ownership, with IAC Inc. now holding a significant stake in Angi Inc. The specific percentage and number of shares are detailed within the filing.

Why It Matters

This filing signals a potential shift in control or influence over Angi Inc. by IAC Inc., which could impact Angi's strategic direction and shareholder value.

Risk Assessment

Risk Level: medium — Changes in major shareholder filings can indicate strategic shifts, potential takeovers, or activist involvement, all of which carry inherent risks.

Key Players & Entities

FAQ

What is the primary purpose of this SC 13D/A filing by IAC Inc. regarding Angi Inc.?

The primary purpose is to report an amendment to IAC Inc.'s previous Schedule 13D filing, indicating a change in beneficial ownership or other material information regarding its holdings in Angi Inc.

What was the previous filing status or amendment number for IAC Inc.'s stake in Angi Inc.?

This filing is specifically identified as Amendment No. 2 to the Schedule 13D.

When was this amendment filed with the SEC?

This amendment was filed on November 12, 2024.

What is the CUSIP number for Angi Inc.'s Class A Common Stock?

The CUSIP number for Angi Inc.'s Class A Common Stock is 00183L 102.

What are the business addresses and phone numbers listed for IAC Inc. and Angi Inc. in this filing?

Both IAC Inc. and Angi Inc. list their business address as 555 WEST 18TH STREET, NEW YORK, NY 10011. IAC Inc.'s business phone is (212) 314-7300, and Angi Inc.'s is 2123147230.

From the Filing

0001104659-24-116264.txt : 20241112 0001104659-24-116264.hdr.sgml : 20241112 20241112063600 ACCESSION NUMBER: 0001104659-24-116264 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20241112 DATE AS OF CHANGE: 20241112 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Angi Inc. CENTRAL INDEX KEY: 0001705110 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 821204801 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90122 FILM NUMBER: 241443090 BUSINESS ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: 2123147230 MAIL ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 FORMER COMPANY: FORMER CONFORMED NAME: ANGI Homeservices Inc. DATE OF NAME CHANGE: 20170504 FORMER COMPANY: FORMER CONFORMED NAME: Halo TopCo, Inc. DATE OF NAME CHANGE: 20170427 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: IAC Inc. CENTRAL INDEX KEY: 0001800227 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 843727412 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 BUSINESS PHONE: (212) 314-7300 MAIL ADDRESS: STREET 1: 555 WEST 18TH STREET CITY: NEW YORK STATE: NY ZIP: 10011 FORMER COMPANY: FORMER CONFORMED NAME: IAC/InterActiveCorp DATE OF NAME CHANGE: 20200702 FORMER COMPANY: FORMER CONFORMED NAME: IAC Holdings, Inc. DATE OF NAME CHANGE: 20200115 SC 13D/A 1 tm2428022d1_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 2) ANGI INC. (Name of Issuer) CLASS A COMMON STOCK, PAR VALUE $0.001 PER SHARE (Title of Class of Securities) 00183L 102 (CUSIP Number) Kendall Handler Executive Vice President, Chief Legal Officer & Secretary IAC Inc. 555 West 18th Street New York, NY 10011 Telephone: (212) 314-7300 Facsimile: (212) 314-7309 (Name, Address and Telephone Number of Persons Authorized to Receive Notices and Communications) November 11, 2024 (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box. ¨ Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1. Names of Reporting Persons I.R.S. Identification No. of Above Person IAC Inc. (84-3727412) 2. Check the Appropriate Box if a Member of a Group (a) ¨ (b) ¨ 3. SEC Use Only 4. Source of Funds OO 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) ¨ 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person With 7. Sole Voting Power 424,607,427 (1) 8. Shared Voting Power 0 9. Sole Dispositive Power 424,607,427 (1) 10 . Shared Dispositive Power 0 11. Aggregate Amount Benefici

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