IAC Inc. Completes Acquisition, Reports Officer Changes

Ticker: IAC · Form: 8-K · Filed: 2025-04-01T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, management-change, corporate-action

TL;DR

IAC just bought stuff and shuffled some execs. Keep an eye on the financials.

AI Summary

On March 31, 2025, IAC Inc. reported the completion of an acquisition of assets. The filing also disclosed the departure of a director and the appointment of a new officer, along with details on compensatory arrangements for certain officers. Financial statements and exhibits related to these events were filed.

Why It Matters

This filing indicates significant corporate activity for IAC Inc., including strategic asset acquisition and changes in its leadership structure, which could impact future business operations and financial performance.

Risk Assessment

Risk Level: medium — Acquisitions and executive changes inherently carry risks related to integration, performance, and strategic execution.

Key Players & Entities

FAQ

What specific assets were acquired by IAC Inc. on March 31, 2025?

The filing indicates the completion of an acquisition or disposition of assets, but the specific details of the assets acquired are not provided in this summary.

Who is the departing director and who is the newly appointed officer at IAC Inc.?

The filing mentions the departure of a director and the appointment of an officer, but their names are not specified in this summary.

What are the details of the compensatory arrangements for certain officers?

The filing states that information regarding compensatory arrangements for certain officers is included, but the specific details are not elaborated upon in this summary.

What is the Commission File Number for IAC Inc.'s 8-K filing?

The Commission File Number for IAC Inc. is 001-39356.

When was IAC Inc. incorporated?

IAC Inc. was incorporated in Delaware.

From the Filing

0001104659-25-030297.txt : 20250401 0001104659-25-030297.hdr.sgml : 20250401 20250401084525 ACCESSION NUMBER: 0001104659-25-030297 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250331 ITEM INFORMATION: Completion of Acquisition or Disposition of Assets ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250401 DATE AS OF CHANGE: 20250401 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 EIN: 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: 25796838 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 tm254280d9_8k.htm FORM 8-K false 0001800227 0001800227 2025-03-31 2025-03-31 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): March 31, 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 2.01. Completion of Acquisition or Disposition of Assets.   On March 31, 2025, IAC Inc. (“IAC” or the “Company”) completed the previously an

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