IAC (NASDAQ: IAC) closes sale of Care.com unit to Pacific Avenue arm

Rhea-AI Filing Summary

IAC Inc. completed the previously announced sale of its wholly owned subsidiary Care.com, Inc. to Care Parent, LLC, an indirect wholly owned subsidiary of Pacific Avenue Capital Partners. The transaction fully transfers ownership of Care.com out of IAC’s corporate group.

The update is presented as an other event, indicating IAC has now closed the deal it had earlier agreed to under a stock purchase agreement.

Insights

Equity analyst – corporate actions

IAC has closed the divestiture of Care.com, fully exiting that business.

IAC Inc. has completed the sale of its wholly owned subsidiary Care.com to a buyer backed by Pacific Avenue Capital Partners. This turns a previously signed stock purchase agreement into a closed transaction, removing Care.com from IAC’s consolidated operations.

The filing does not state purchase price, closing adjustments, or how proceeds will be used, so investors only know that legal ownership has changed hands. Subsequent disclosures in future company filings may clarify the financial impact of the divestiture and any strategic redeployment of capital.

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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 16, 2026

IAC Inc.

(Exact name of registrant as specified in charter)

Delaware		001-39356		84-3727412
(State or other jurisdiction		(Commission		(IRS Employer
of incorporation)		File Number)		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 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 8.01. Other Events.

On March 16, 2026, IAC Inc., a Delaware corporation (the “Company” or “IAC”) completed the previously announced sale of its wholly owned subsidiary, Care.com, Inc., a Delaware corporation (“Care.com”) pursuant to the Stock Purchase Agreement, by and among IAC, Care Parent, LLC, a Delaware limited liability company, an indirect wholly owned subsidiary of Pacific Avenue Capital Partners, and Care.com.

Item 9.01. Financial Statements and Exhibits

Exhibits.

Exhibit Number		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	IAC Inc.
	By:	/s/ KENDALL HANDLER
	Name:	Kendall Handler
	Title:	Executive Vice President, Chief Legal Officer & Secretary

Date: March 16, 2026

3

FAQ

What did IAC Inc. (IAC) announce regarding Care.com?

IAC Inc. reported that it has completed the sale of its wholly owned subsidiary Care.com, Inc. to Care Parent, LLC. This closes a previously announced stock purchase agreement and transfers full ownership of Care.com out of IAC’s corporate structure.

Who acquired Care.com from IAC Inc. (IAC)?

Care.com was acquired by Care Parent, LLC, a Delaware limited liability company that is an indirect wholly owned subsidiary of Pacific Avenue Capital Partners. The transaction was completed pursuant to a stock purchase agreement among IAC, Care Parent, LLC, and Care.com.

When did IAC Inc. (IAC) complete the sale of Care.com?

IAC Inc. completed the sale of Care.com on March 16, 2026. The company filed a current report describing the closing as an other event, confirming that the previously announced stock purchase agreement has now been fully consummated.

Was the Care.com sale by IAC Inc. (IAC) previously announced?

Yes. The sale of Care.com was described as completed pursuant to a previously announced stock purchase agreement. This indicates that transaction terms had been disclosed earlier, and this report simply confirms the closing of the deal on March 16, 2026.

Does IAC Inc. (IAC) still own any part of Care.com after this deal?

No. The filing states that Care.com was a wholly owned subsidiary of IAC before the transaction, and the sale transferred the shares to Care Parent, LLC. This means IAC no longer owns Care.com following completion of the stock purchase agreement.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB