IAC Inc. Files 8-K: Agreements, Officer Changes, and Compensation

Ticker: IAC · Form: 8-K · Filed: 2025-01-13T00:00:00.000Z

Sentiment: neutral

Topics: agreement, officer-changes, compensation

TL;DR

IAC Inc. 8-K: Material agreements entered & terminated, exec changes, new comp plans. Big moves happening.

AI Summary

On January 13, 2025, IAC Inc. filed an 8-K report detailing several key events. These include the entry into and termination of material definitive agreements, changes in directorships and officer appointments, and the adoption of new compensatory arrangements for certain officers. The filing also covers other events and financial statements, with IAC Inc. being incorporated in Delaware and headquartered in New York.

Why It Matters

This filing signals significant corporate actions at IAC Inc., including potential shifts in strategic agreements and executive compensation, which could impact the company's future direction and investor relations.

Risk Assessment

Risk Level: medium — The filing indicates significant corporate actions such as the entry into and termination of material definitive agreements, which can introduce uncertainty and potential financial risks.

Key Players & Entities

FAQ

What specific material definitive agreements were entered into by IAC Inc. on or before January 13, 2025?

The filing indicates the entry into material definitive agreements, but the specific details of these agreements are not provided in the excerpt.

What were the reasons for the termination of any material definitive agreements by IAC Inc. as reported on January 13, 2025?

The filing notes the termination of a material definitive agreement, but the reasons for this termination are not detailed in the provided text.

Were there any departures of directors or certain officers at IAC Inc. reported on January 13, 2025?

Yes, the filing explicitly lists 'Departure of Directors or Certain Officers' as an item of information.

What new compensatory arrangements for certain officers were adopted by IAC Inc. as of January 13, 2025?

The filing mentions 'Compensatory Arrangements of Certain Officers' as an item of information, indicating new arrangements were adopted.

What is the fiscal year end for IAC Inc.?

IAC Inc.'s fiscal year ends on December 31.

From the Filing

0001104659-25-003096.txt : 20250113 0001104659-25-003096.hdr.sgml : 20250113 20250113173047 ACCESSION NUMBER: 0001104659-25-003096 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250113 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement 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: 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39356 FILM NUMBER: 25527189 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 8-K 1 tm253165d1_8k.htm FORM 8-K false 0001800227 0001800227 2025-01-13 2025-01-13 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 13, 2025   IAC Inc.   (Exact name of registrant as specified in its charter)   Delaware   001-39356   84-3727412 (State or other jurisdiction   (Commission   (I.R.S. Employer of incorporation)   File No.)   Identification No.)   555 West 18th Street , New York , NY   10011 (Address of principal executive offices)   (Zip Code)   Registrant's telephone number, including area code:      ( 212 ) 314-7300   (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 ) Common Stock, par value $0.0001 IAC 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 1.01. Entry into a Material Definitive Agreement   The disclosure set forth under Item 5.02 below is incorporated herein by reference. &#

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