IAC Announces Temporary Blackout Period for Retirement Plan Transactions Amid Angi Spin-Off
New York, NY – March 17, 2025 – IAC Inc. (Nasdaq: IAC) has announced a temporary blackout period for participants in its Retirement Savings Plan due to the upcoming spin-off of Angi Inc.
The blackout period will begin at 4:00 PM ET on March 31, 2025, and is expected to end no later than 9:30 AM ET on April 3, 2025. During this time, plan participants will be temporarily unable to execute transactions involving their balances in the IAC stock fund, including investment transactions, plan loans, and withdrawals.
This suspension is necessary to establish a new Angi Inc. stock fund that will hold Angi shares allocated to plan participant accounts in connection with the spin-off. IAC has notified its executive officers and directors in compliance with the Sarbanes-Oxley Act and SEC regulations.
2025-03-19
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