M&A - IAC Inc.

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.

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