("Vimeo") from IAC, anticipated trends and prospects in the industries in which IAC's businesses operate and other similar matters.
These forward-looking statements include, among others, statements relating to: IAC's future financial performance, business prospects and strategy, including the possibility of separating Vimeo, Inc. The use of words such as "anticipates," "estimates," "expects," "plans" and "believes," among others, generally identify forward-looking statements. This communication may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The Company is headquartered in New York City and has business operations and satellite offices worldwide.Ĭautionary Statement Regarding Forward-Looking Information IAC today operates Vimeo, Dotdash and, among many others, and has majority ownership of Angi Inc., which also includes HomeAdvisor Powered by Angi and Handy. We will always evolve, but our basic principles of financially-disciplined opportunism will never change. From the single seed that started as IAC over two decades ago have emerged 10 public companies and generations of exceptional leaders. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. The final vote results on all proposals voted on at the annual meeting will be set forth in a Form 8-K filed by IAC upon final certification by the inspector of elections.
Subject to the final approval of the IAC board of directors, IAC expects that Vimeo will trade on Nasdaq on a "when-issued" basis (ticker symbol "VMEOV") from May 18 through May 24, 2021. IAC anticipates the spin-off will be completed prior to the open of business on Tuesday, May 25, 2021, subject to the satisfaction or waiver of all closing conditions, and that Vimeo will begin trading on Nasdaq (ticker symbol "VMEO") that day. NEW YORK, /PRNewswire/ - IAC (NASDAQ: IAC) today announced that, at its stockholder meeting held today, IAC stockholders voted to approve the separation of Vimeo from the remaining businesses of IAC.
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