RebrandingJun 4, 2026, 09:13 AM
IAC Inc. Rebrands to People Incorporated, Ticker Changes to PPLI
AI Summary
IAC Inc. has officially changed its legal name to People Incorporated, effective June 4, 2026. Concurrently, the company's common stock will cease trading under the ticker symbol "IAC" and will begin trading under "PPLI" on The Nasdaq Stock Market LLC, also effective June 4, 2026. This rebranding was previously announced in a Letter to Shareholders on April 28, 2026, and no action is required by shareholders.
Key Highlights
- Company name changed from IAC Inc. to People Incorporated, effective June 4, 2026.
- New ticker symbol "PPLI" on Nasdaq Global Select Market, effective June 4, 2026.
- Old ticker symbol "IAC" ceased trading on June 4, 2026.
- CUSIP number for common stock remains 44891N 208.
- Amended Restated By-laws to reflect the name change.
- People Incorporated owns America's largest publisher People Inc.
- People Incorporated holds a significant minority stake in MGM Resorts International.
Price Impact
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