M&A - IAC Inc.

Form Type: 8-K

Filing Date: 2025-05-05

Corporate Action: Merger

Type: New

Accession Number: 000180022725000025

Filing Summary: On May 5, 2025, IAC Inc. reported on a merger involving its indirectly wholly-owned subsidiary, Dotdash Meredith, Inc. The report discusses a Credit Agreement initiated by Dotdash Meredith, followed by a Joinder and Reaffirmation Agreement in March 2024, where Dotdash Meredith assumed all obligations of the original borrower due to a merger. An amendment to the Credit Agreement was made on November 26, 2024, requiring the provision of financial statements to the lenders. The financial statements to be provided include consolidated balance sheets and related statements for the three months ended March 31, 2025, and 2024, along with notes set forth in Exhibit 99.1. The report is intended to comply with Regulation FD Disclosure, emphasizing important updates regarding the financial status of Dotdash Meredith post-merger.

Form Type: 8-K

Filing Date: 2025-02-28

Corporate Action: Merger

Type: Update

Accession Number: 000180022725000012

Filing Summary: On February 28, 2025, IAC Inc. reported that Dotdash Meredith, Inc., a wholly-owned subsidiary, entered into a Credit Agreement on December 1, 2021. Subsequently, on March 1, 2024, a merger occurred where the Borrower merged into a successor entity, Dotdash Meredith Inc. The Successor Borrower, which assumed all obligations under the Credit Agreement, entered into an amendment on November 26, 2024. This amendment mandates the provision of specific financial statements to the lenders and the administrative agent, which will be shared after the filing of this report. These financial statements include consolidated balance sheets and statements of operations for the years ended December 31, 2024, 2023, and 2022.