ANGI on Nasdaq

Angi Inc.

Angi Inc. is an American advertising services company, incorporated in Delaware.1 It is headquartered in New York, New York.1

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Last updated Oct 21, 2026.

Overview

$1.0BRevenue, fiscal 20252
$43.8MNet income, fiscal 20252

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  • TickerANGI on Nasdaq1
  • IndustryServices-Advertising1
  • HeadquartersNew York, New York1
  • Incorporated inDE3
  • Business address555 West 18Th Street, New York, Ny 100113
  • Filer categoryLarge accelerated filer3

Angi Inc. connects quality home professionals (“Pros”) with consumers across more than 500 different categories, from repairing and remodeling homes to cleaning and landscaping. There were approximately 111,000 Average Monthly Active Pros (as defined below) during the three months ended December 31, 2025. Additionally, consumers turned to at least one of our businesses to find a Pro for approximately 16 million projects during the twelve months ended December 31, 2025.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

95.4%Gross margin2
6.3%Operating margin2
4.3%Net margin2
-13.0%Revenue growth, 20252
4.7%Return on equity2
0.54×Debt to equity2

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue5¢$47.4M
  • Research and development8¢$87.4M
  • Other costs81¢$833.2M
  • Income tax2¢$18.7M
  • Profit4¢$43.8M

Out of $1.0B in revenue.2

Financial statements

Revenue6789102$1.0B in 2025−9% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $1.1B$1.1B20182019: $1.3B$1.3B2019+17%2020: $1.5B$1.5B2020+11%2021: $1.6B$1.6B2021+10%2022: $1.8B$1.8B2022+9%2023: $1.4B$1.4B2023−23%2024: $1.2B$1.2B2024−13%2025: $1.0B$1.0B2025−13%
Gross profit89102$983.1M in 2025−24% since 2020
0$500.0M$1.0B$1.5B2020: $1.3B$1.3B20202021: $1.3B$1.3B2021+4%2022: $1.4B$1.4B2022+6%2023: $1.3B$1.3B2023−9%2024: $1.1B$1.1B2024−13%2025: $983.1M$983.1M2025−13%
Operating income6789102$65.4M in 2025+2% since 2018
-$100.0M-$50.0M0$50.0M$100.0M2018: $63.9M$63.9M20182019: $38.6M$38.6M2019−40%2020: -$6.4M-$6.4M20202021: -$67.9M-$67.9M2021+967%2022: -$75.6M-$75.6M2022+11%2023: -$26.5M-$26.5M2023−65%2024: $21.9M$21.9M20242025: $65.4M$65.4M2025+199%
Net income119102$43.8M in 2025−43% since 2018
-$200.0M-$100.0M0$100.0M2018: $77.5M$77.5M20182021: -$70.5M-$70.5M20212022: -$128.0M-$128.0M2022+82%2023: -$40.3M-$40.3M2023−69%2024: $36.8M$36.8M20242025: $43.8M$43.8M2025+19%
Fiscal year20182019202020212022202320242025
Revenue$1.1B6$1.3B7$1.5B8$1.6B9$1.8B10$1.4B2$1.2B2$1.0B2
Cost of revenue$55.7M6$46.5M7$173.3M8$274.7M9$337.4M10$62.5M2$57.6M2$47.4M2
Gross profit$1.3B8$1.3B9$1.4B10$1.3B2$1.1B2$983.1M2
Research and development$61.1M6$64.2M7$68.8M8$70.9M9$73.8M10$96.5M2$95.4M2$87.4M2
Operating expenses$1.4B9$1.5B10$1.3B2$1.1B2$917.7M2
Operating income$63.9M6$38.6M7-$6.4M8-$67.9M9-$75.6M10-$26.5M2$21.9M2$65.4M2
Interest$11.6M6$11.5M7$14.2M8$23.5M9$20.1M9$20.1M9
Income before tax-$93.9M9-$94.6M10-$28.2M2$20.1M2$62.5M2
Income tax-$7.5M6-$1.7M7-$15.2M8-$29.9M9-$5.4M10$1.8M2-$16.8M2$18.7M2
Net income$77.5M11-$70.5M9-$128.0M10-$40.3M2$36.8M2$43.8M2
Earnings per share$0.166$0.077-$0.018-$0.149-$0.2610-$0.812$0.722$0.962
Earnings per share (diluted)$0.156$0.077-$0.018-$0.149-$0.2610-$0.812$0.712$0.942
Shares (weighted, basic)502.8M shares9503.0M shares1050.6M shares250.0M shares245.8M shares2
Shares (weighted, diluted)502.8M shares9503.0M shares1050.6M shares250.7M shares246.5M shares2

Compare Angi Inc. with another company

Corporate structure

Angi Inc. sits at the top of its group. 18 entities, 6 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Angi Inc.

  • BlackRock Portfolio Management LLC Filed SCHEDULE 13G on Angi Inc., latest Oct 5, 2026
  • HighSage Ventures LLC Filed SCHEDULE 13G/A on Angi Inc., latest Aug 14, 2026 (8 filings since Feb 14, 2022)
  • BlackRock Filed SCHEDULE 13G/A on Angi Inc., latest Apr 7, 2026 (3 filings since May 5, 2025)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Angi Inc., latest Mar 26, 2026 (6 filings since Feb 9, 2022)
  • Pale Fire Capital SE Filed SCHEDULE 13D/A on Angi Inc., latest Mar 3, 2026 (6 filings since Aug 29, 2024)
  • ArrowMark Colorado Holdings LLC Filed SCHEDULE 13G/A on Angi Inc., latest May 15, 2025 (2 filings since Feb 14, 2024)
  • Barry Diller Filed SCHEDULE 13D on Angi Inc., latest Apr 3, 2025
  • People Incorporated Filed SCHEDULE 13D/A on Angi Inc., latest Apr 1, 2025 (4 filings since Nov 12, 2024)
  • FMR LLC Filed SCHEDULE 13G/A on Angi Inc., latest Feb 12, 2025 (3 filings since Feb 9, 2024)
  • Morgan Stanley Filed SC 13G/A on Angi Inc., latest Nov 6, 2024 (2 filings since Feb 12, 2024)
  • BROWN ADVISORY INC Filed SC 13G/A on Angi Inc., latest Feb 9, 2023 (5 filings since Feb 7, 2022)
  • PARNASSUS INVESTMENTS, LLC Filed SC 13G/A on Angi Inc., latest Jun 10, 2022 (3 filings since Jan 11, 2022)
  • Angi Inc. New York, New York
    • Angi Contracting LLC Subsidiary · Delaware, United States
    • ANGI Group, LLC Subsidiary · Delaware, United States
    • Angi International B.V. (fka HAI Holding B.V.) Subsidiary · Netherlands
    • Angi International, LLC Subsidiary · Delaware, United States
    • Angie’s List, Inc. Subsidiary · Delaware, United States
    • CraftJack Inc. Subsidiary · Illinois, United States
    • Handy Technologies, Inc. Subsidiary · Delaware, United States
    • HandyBook Canada ULC Subsidiary · Canada
    • Home Advisor Limited Subsidiary · United Kingdom
    • HomeAdvisor, Inc. Subsidiary · Delaware, United States
    • HomeStars Inc. Subsidiary · Canada
    • Mhelpdesk, Inc. Subsidiary · Delaware, United States
    • MyBuilder Limited Subsidiary · United Kingdom
    • MyHammer GmbH Subsidiary · Germany
    • Travaux.com S.à.r.l. Subsidiary · France
    • We are Mop! Limited Subsidiary · United Kingdom
    • Werkspot BV Subsidiary · Netherlands

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Angi Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$321.1M2 Dec 31, 2025$321.0M2 Dec 31, 20240%
Accumulated depreciation$222.0M2 Dec 31, 2025$241.4M2 Dec 31, 2024−8.0%
Property and equipment, net$99.1M2 Dec 31, 2025$79.6M2 Dec 31, 2024+24.6%
Operating-lease assets (leased space)$25.3M2 Dec 31, 2025$30.4M2 Dec 31, 2024−16.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$303.7M2 Dec 31, 2025$416.4M2 Dec 31, 2024−27.1%
Debt securities available for sale$010 Dec 31, 2024$010 Dec 31, 2023

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$890.1M2 Dec 31, 2025$883.4M2 Dec 31, 2024+0.8%
Intangible assets, net (excluding goodwill)$167.1M2 Dec 31, 2025$167.7M2 Dec 31, 2024−0.3%
Indefinite-lived intangibles (excluding goodwill)$167.1M2 Dec 31, 2025$167.7M2 Dec 31, 2024−0.3%
Finite-lived intangibles, gross$89.2M2 Dec 31, 2025$89.2M2 Dec 31, 20240%
Accumulated amortization$89.2M2 Dec 31, 2025$89.2M2 Dec 31, 20240%
Finite-lived intangibles, net$02 Dec 31, 2025$02 Dec 31, 2024

Properties, in its own words

We believe that the facilities for our management and operations are generally adequate for our current and near-term future needs. Our facilities, most of which are leased, consist of executive and administrative offices, sales offices and data centers. We do not anticipate any future problems renewing or obtaining suitable leases for us or any of our businesses. We currently lease approximately 112,000 square feet of office for our corporate headquarters, Angi business and administrative and sales force personnel in Denver, Colorado.

Item 2 of the 10-K filed Feb 20, 2026.5

Leadership

Who has led Angi Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (32)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • ANGI Group, LLC Delaware4
  • Angi Contracting LLC Delaware4
  • Angi International B.V. (fka HAI Holding B.V.) Netherlands4
  • Angi International, LLC Delaware4
  • Angie’s List, Inc. Delaware4
  • CraftJack Inc. Illinois4
  • Handy Technologies, Inc. Delaware4
  • HandyBook Canada ULC Canada4
  • Home Advisor Limited England and Wales4
  • HomeAdvisor, Inc. Delaware4
  • HomeStars Inc. Canada4
  • Mhelpdesk, Inc. Delaware4
  • MyBuilder Limited England and Wales4
  • MyHammer GmbH Germany4
  • Travaux.com S.à.r.l. France4
  • We are Mop! Limited England and Wales4
  • Werkspot BV Netherlands4

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • ANGI Homeservices Inc.May 5, 2017 to Mar 17, 20213
  • Halo TopCo, Inc.May 2, 2017 to May 4, 20173

Timeline

  1. Sep 23, 2026New chief executive Michael F. Steib becomes CEO17
  2. Sep 23, 20268-K Executive or director change; Regulation FD disclosure61
  3. Aug 4, 20268-K Results of operations; Executive or director change; Regulation FD disclosure62
  4. Jul 9, 20268-K Executive or director change63
  5. Jun 12, 20268-K Executive or director change; Shareholder vote64
  6. May 5, 20268-K Results of operations; Regulation FD disclosure65
  7. Apr 14, 20268-K Executive or director change66
  8. Mar 12, 20268-K Executive or director change; Regulation FD disclosure67
  9. Feb 10, 20268-K Results of operations; Regulation FD disclosure68
  10. Jan 7, 20268-K Exit or restructuring costs69
  11. Nov 10, 20258-K Entered a material agreement70
  12. Nov 4, 20258-K Results of operations; Regulation FD disclosure71
  13. Aug 5, 20258-K Results of operations; Regulation FD disclosure72
  14. Mar 1, 2021New chief executive Oisin Hanrahan becomes CEO18
  15. Nov 13, 2018New chief executive William B. Ridenour becomes CEO19
  16. Oct 3, 2017New chief executive Jeffrey W. Kip becomes CEO20

Calendar

Coming up

  1. Nov 3, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.23 a share, on Nov 4, 2025.73

When it reported results

  1. Aug 4, 2026Reported quarterly or annual results62
  2. May 5, 2026Reported quarterly or annual results65
  3. Feb 10, 2026Reported quarterly or annual results68
  4. Nov 4, 2025Reported quarterly or annual results71
  5. Aug 5, 2025Reported quarterly or annual results72
  6. May 6, 2025Reported quarterly or annual results74
  7. Feb 11, 2025Reported quarterly or annual results75
  8. Nov 12, 2024Reported quarterly or annual results76

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

386 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 55 major events, 231 insider forms, 46 large holders, 33 other. The latest 20:

  1. Oct 5, 2026SCHEDULE 13G EDGAR
  2. Sep 23, 20264 EDGAR
  3. Sep 23, 20268-K EDGAR
  4. Sep 15, 2026144 EDGAR
  5. Aug 24, 20264 EDGAR
  6. Aug 14, 2026SCHEDULE 13G/A EDGAR
  7. Aug 5, 20264 EDGAR
  8. Aug 5, 20264 EDGAR
  9. Aug 5, 20264 EDGAR
  10. Aug 5, 20264 EDGAR
  11. Aug 5, 20263 EDGAR
  12. Aug 5, 20264 EDGAR
  13. Aug 4, 202610-Q EDGAR
  14. Aug 4, 20268-K EDGAR
  15. Jul 9, 20268-K EDGAR
  16. Jun 22, 20264 EDGAR
  17. Jun 22, 20264 EDGAR
  18. Jun 12, 20264 EDGAR
  19. Jun 12, 20264 EDGAR
  20. Jun 12, 20264 EDGAR

The 386 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

26 open-market trades by officers, directors and large owners since October 2021: 1 buys and 25 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 6, 2025Shanmugasundaram KuleshChief Technology OfficerSale9,861$1.56$15.4KForm 4
Nov 15, 2024Kip Jeffrey WCEOBuy250,000$1.72$430.0KForm 4
Aug 1, 2024Shanmugasundaram KuleshChief Technology OfficerSale11,748$2.32$27.3KForm 4
Jul 1, 2024Shanmugasundaram KuleshChief Technology OfficerSale11,748$1.90$22.3KForm 4
Jun 3, 2024Shanmugasundaram KuleshChief Technology OfficerSale11,748$2.01$23.6KForm 4
May 1, 2024Shanmugasundaram KuleshChief Technology OfficerSale11,748$2.13$25.0KForm 4
Apr 1, 2024Shanmugasundaram KuleshChief Technology OfficerSale11,748$2.58$30.3KForm 4
Mar 6, 2024Shanmugasundaram KuleshChief Technology OfficerSale11,748$2.58$30.3KForm 4
Feb 1, 2024Shanmugasundaram KuleshChief Technology OfficerSale12,000$2.41$28.9KForm 4
Jan 2, 2024Shanmugasundaram KuleshChief Technology OfficerSale12,000$2.43$29.2KForm 4
Dec 1, 2023Shanmugasundaram KuleshChief Technology OfficerSale12,000$2.38$28.6KForm 4
Nov 14, 2023Shanmugasundaram KuleshChief Technology OfficerSale12,000$2.00$24.0KForm 4
Feb 1, 2023Shanmugasundaram KuleshChief Technology OfficerSale48,164$3.00$144.5KForm 4
Jan 30, 2023Shanmugasundaram KuleshChief Technology OfficerSale6$3.00$18Form 4
Jan 24, 2023Shanmugasundaram KuleshChief Technology OfficerSale400$3.00$1.2KForm 4
Aug 15, 2022Hicks Bowman Angela R.DirectorSale5,000$5.19$25.9KForm 4
Jul 18, 2022Hicks Bowman Angela R.DirectorSale5,000$5.00$25.0KForm 4
Jul 5, 2022Hicks Bowman Angela R.DirectorSale5,000$5.00$25.0KForm 4
May 16, 2022Hicks Bowman Angela R.DirectorSale5,000$5.04$25.2KForm 4
Apr 18, 2022Hicks Bowman Angela R.DirectorSale5,000$5.01$25.1KForm 4

All 26 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Jeffrey W. KipChief Executive Officer $650.0K$5.7M90
2025Joseph LevinExecutive Chairman and Former Chief Executive Officer $247.7K$5.2M90
2025Kris BoonChief Product Officer $526.1K$3.1M90
2025Andrew RussakoffChief Financial Officer $421.2K$2.0M90
2025Glenn OrchardChief Growth Officer $472.2K$1.5M90
2024Jeffrey W. KipChief Executive Officer $634.6K$6.9M90
2024Glenn OrchardChief Growth Officer $383.5K$2.6M90
2024Andrew RussakoffChief Financial Officer $400.0K$1.1M90
2024Joseph LevinExecutive Chairman and Former Chief Executive Officer $130.8K$614.6K90
2023Jeffrey W. KipChief Executive Officer $577.4K$5.3M90
2023Joseph LevinExecutive Chairman and Former Chief Executive Officer $483.3K$2.1M90
2023Andrew RussakoffChief Financial Officer $400.0K$1.7M90

SEC filer profile

How Angi Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAngi Inc.1
  • CIK0001705110
  • Employer ID (EIN)82-12048015
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
  • Incorporated inDelaware5
  • Fiscal year endsDecember 311
  • Industry code (SIC)7310 Services-Advertising1
  • SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
  • Business address555 West 18Th Street, New York, NY 100111
  • Phone21231472301
  • Shares outstanding40,104,748 Common Class A shares; 0 Common Class B shares; 0 Common Class C shares as of Feb 6, 20265
  • Public float$673.0M as of Jun 30, 20255
  • AuditorErnst & Young LLP, New York, New York PCAOB ID 42; it also attests to the company’s internal control over financial reporting5
  • On EDGAR sinceMay 2, 20171
  • Filings880 in all: 4 (502), 8-K (100), SC 13G/A (50), 3 (40), 10-Q (27), SC 13G (27), SCHEDULE 13G/A (13), 4/A (11)1
    All 42 form types

    425 (10), SC 13D/A (10), 10-K (9), DEF 14A (9), DEFA14A (9), 144 (6), SC 13D (5), 424B3 (4), ARS (4), CORRESP (4), SCHEDULE 13D/A (4), UPLOAD (4), 8-K/A (3), S-4/A (3), S-8 (3), SCHEDULE 13G (3), EFFECT (2), SCHEDULE 13D (2), 10-K/A (1), 3/A (1), 424B4 (1), 5 (1), 8-A12B (1), CERTNAS (1), DEF 14C (1), DEFR14A (1), PRE 14A (1), PRE 14C (1), S-3 (1), S-3/A (1), S-3ASR (1), S-3MEF (1), S-4 (1), S-8 POS (1)

  • Latest filingsAnnual report (10-K) Feb 20, 2026
    Quarterly report (10-Q) Aug 4, 2026
    Proxy statement (DEF 14A) Apr 28, 2026
    Latest 8-K (8-K) Sep 23, 2026

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, par value $0.001ANGIThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Feb 20, 2026 (Section 12(b) of the Exchange Act).5

Risk factors and legal proceedings

The risks Angi Inc. names in Item 1A of its 10-K filed Feb 20, 2026: 35 risks under these headings, as written.5

  • Cautionary Statement Regarding Forward-Looking Information
  • Risks Related to Our Business and Industry
  • Our success will depend, in substantial part, on the continued migration of the home services market online.
  • Marketing efforts designed to drive traffic to our brands and businesses may not be successful or cost-effective.
  • We rely on Internet search engines to drive traffic to our various properties. Certain operators of search services offer products and services that compete directly with our products and services. If links to websites offering our products and services are not displayed prominently in search results, traffic to our properties could decline and our business could be adversely affected.
  • Our success depends on our ability to continue to balance our various offerings to Pros across the Angi platforms.
  • Our success depends, in substantial part, on our ability to establish and maintain relationships with quality and trustworthy Pros.
  • Our success depends, in part, on our ability to continue to develop and monetize versions of our products and services for mobile and other digital devices.
  • Our success depends, in part, on our ability to access, collect and use personal data about consumers.
  • Our ability to communicate with consumers and Pros via email (or other sufficient means) is critical to our success.
  • Changes to certain requirements applicable to certain communications with consumers may adversely impact our ability to generate leads for our Pros.
  • There may be adverse tax, legal and other consequences if the contractor classification or employment status of the Pros who use our platform is challenged.
The other 24 risks
  • General Risk Factors
  • Our brands and businesses operate in an especially competitive and evolving industry.
  • Our brands and businesses are sensitive to general economic events and trends, particularly those that adversely impact consumer confidence and spending behavior, as well as general geopolitical risks.
  • Our success depends, in substantial part, on our ability to maintain and/or enhance our brands, which could be negatively impacted by various factors.
  • We may not be able to protect our systems, technology and infrastructure from cyberattacks or cyberattacks experienced by third parties may adversely affect us.
  • If personal, confidential or sensitive user information that we maintain and store is breached or otherwise accessed by unauthorized persons, it may be costly to mitigate and our reputation could be harmed.
  • The processing, storage, use and disclosure of personal data could give rise to liabilities and increased costs.
  • Credit card data security breaches or fraud could adversely affect our business, financial condition and results of operations.
  • Our success depends, in part, on the integrity, quality, efficiency and scalability of our systems, technology and infrastructure, and those of third parties.
  • We depend on our key personnel.
  • Our use of AI and machine learning technologies, combined with an uncertain legal and regulatory environment, may subject us to new and evolving risks, which could adversely affect our business, financial condition and results of operations.
  • Risks Related to Our Indebtedness
  • We may not be able to generate sufficient cash to service our indebtedness.
  • Our current and future indebtedness may limit our flexibility in obtaining additional financing and in pursuing other business opportunities or operating activities.
  • Risks Relating to the Distribution
  • Some or all of the expected benefits of the Distribution may not be achieved.
  • If the Distribution were to fail to qualify as a transaction that is generally tax-free for U.S. federal income tax purposes, Angi and our stockholders could suffer material adverse consequences.
  • The desired tax treatment of the Distribution limits our ability to engage in capital-raising, share repurchases and other transactions.
  • Actual or potential conflicts of interest may develop between our management and directors, on the one hand, and the management and directors of IAC, on the other hand.
  • In connection with the Distribution, we agreed to indemnify IAC for certain liabilities, and if we are required to pay under these indemnities to IAC, our financial results could be negatively impacted. While IAC is also obligated to indemnify us for certain liabilities, it may not be able to fully satisfy its indemnification obligations.
  • Following the Distribution, we rely on IAC to provide certain services, and we may be unable to replace such services on favorable terms, or at all, when the arrangement terminates.
  • The Distribution may result in litigation and/or regulatory inquiries and investigations, which would harm our business, financial condition and results of operations and could divert management attention.
  • Risks Relating to Ownership of Our Class A Common Stock
  • The market price and trading volume of our Class A Common Stock may be volatile and may face negative pressure.
  • We do not expect to declare any regular cash dividends in the foreseeable future.
  • Provisions in our certificate of incorporation and bylaws or Delaware law may discourage, delay or prevent a change of control, or changes in management and, therefore, depress the trading price of our Class A Common Stock.
  • Our bylaws designate specified courts as the sole and exclusive forum for certain types of actions or proceedings that may be initiated by our stockholders, which could discourage lawsuits against the Company and its directors, officers and other employees.
  • If securities or industry analysts do not publish research or publish unfavorable research about us, the price and trading volume of our Class A Common Stock could decline.

Legal proceedings

Overview

In the ordinary course of business, the Company and its subsidiaries are (or may become) parties to claims, suits, regulatory and government investigations, and other proceedings involving property, personal injury, intellectual property, privacy, tax, labor and employment, competition, commercial disputes, consumer protection and other claims, as well as stockholder derivative actions, class action lawsuits and other matters. Such claims, suits, regulatory and government investigations, and other proceedings could result in fines, civil or criminal penalties, or other adverse consequences. The amounts that may be recovered in such matters may be subject to insurance coverage. Although the results of legal proceedings and claims cannot be predicted with certainty, neither the Company nor any of its subsidiaries is currently a party to any legal proceedings the outcome of which, we believe, if determined adversely to us, would individually or in the aggregate have a material adverse effect on our business, financial condition or results of operations. However, the outcome of such matters is inherently unpredictable and subject to significant uncertainties.

Rules of the SEC require the description of material pending legal proceedings (other than ordinary, routine litigation incident to the registrant’s business) and advise that proceedings ordinarily need not be described if they primarily involve damages claims for amounts (exclusive of interest and costs) not exceeding 10% of the current assets of the registrant and its subsidiaries on a consolidated basis. In the judgment of Company management, none of the pending litigation matters which we are defending involves or is likely to involve amounts of that magnitude.

The opening of Item 3, Legal Proceedings.5

Sources

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  48. 48
  49. 49
  50. 50
  51. 51
  52. 52
  53. 53
  54. 54
  55. 55
  56. 56
  57. 57
  58. 58
  59. 59
  60. 60
  61. 61
  62. 62
  63. 63
  64. 64
  65. 65
  66. 66
  67. 67
  68. 68
  69. 69
  70. 70
  71. 71
  72. 72
  73. 73
  74. 74
  75. 75
  76. 76
  77. 77
  78. 78
  79. 79
  80. 80
  81. 81
  82. 82
  83. 83
  84. 84
  85. 85
  86. 86
  87. 87
  88. 88
  89. 89
  90. 90