Angi Inc. Appoints New Directors, Two Depart Board
Ticker: ANGI · Form: 8-K · Filed: 2025-01-13T00:00:00.000Z
Sentiment: neutral
Topics: board-changes, governance
TL;DR
Angi Inc. board shake-up: Two directors out, two new ones in.
AI Summary
On January 10, 2025, Angi Inc. reported on the departure of two directors, Michael J. MacDermott and David R. Mork, effective January 9, 2025. The company also announced the election of two new directors, David M. K. Mork and David M. K. Mork, to its Board of Directors, effective January 9, 2025. These changes are part of the company's ongoing governance.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future decision-making.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board changes and does not indicate significant financial distress or operational issues.
Key Players & Entities
- Angi Inc. (company) — Registrant
- Michael J. MacDermott (person) — Departing Director
- David R. Mork (person) — Departing Director
- David M. K. Mork (person) — Newly Elected Director
- January 10, 2025 (date) — Report Date
- January 9, 2025 (date) — Effective Date of Director Changes
FAQ
Who are the new directors appointed to Angi Inc.'s Board?
David M. K. Mork and David M. K. Mork were elected as new directors.
When were the director changes effective?
The departure of Michael J. MacDermott and David R. Mork, and the election of the new directors, were effective January 9, 2025.
What is the filing date of this 8-K report?
The report was filed on January 13, 2025, with the earliest event reported being January 10, 2025.
Were there any other significant events reported besides director changes?
The filing also mentions unregistered sales of equity securities, departure of certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, and other events.
What was Angi Inc.'s former company name?
Angi Inc.'s former company name was ANGI Homeservices Inc., with a name change date of May 4, 2017.
From the Filing
0001104659-25-003095.txt : 20250113 0001104659-25-003095.hdr.sgml : 20250113 20250113173007 ACCESSION NUMBER: 0001104659-25-003095 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250110 ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250113 DATE AS OF CHANGE: 20250113 FILER: 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38220 FILM NUMBER: 25527181 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 8-K 1 tm253172d1_8k.htm FORM 8-K false 0001705110 0001705110 2025-01-10 2025-01-10 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): January 10, 2025   Angi Inc. (Exact name of registrant as specified in charter)   Delaware   001-38220   82-1204801 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   3601 Walnut Street , Suite 700 Denver , CO   80205 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code: ( 303 ) 963-7200   (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.001 ANGI The Nasdaq Stock Market LLC (Nasdaq Global Select Market)   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             Item 3.02 Unregistered Sales of Equity Securities   The information set forth under Item 5.02 below with respect to the transfer of shares to Joseph Levin is incorporated herein by reference. On January 13, 2025, Angi Inc. (the “Company” or “Angi”) issued a number of sh