{"url_path":"/sec/iac/8-k/2026-06-01/item-7-01","section_key":"item-7-01","section_title":"Item 7.01 Regulation FD Disclosure.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/1800227/0001104659-26-068672-index.html","accession_number":"0001104659-26-068672","cik":"0001800227","ticker":"PPLI","issuer_name":"People Inc","edgar_url":"https://www.sec.gov/Archives/edgar/data/1800227/0001104659-26-068672-index.html","primary_entity_key":"0001800227","primary_entity_name":"IAC Inc."},"word_count":142,"has_tables":true,"body_markdown":"**Item 7.01. Regulation FD Disclosure.**\n\n \n\nOn June 1, 2026, IAC Inc. (“IAC”),\nwhich is in the process of being renamed “People Incorporated,” issued a press release with respect to a proposal to acquire\nall of the outstanding shares of common stock of MGM Resorts International not already owned by IAC. The press release is attached as\nExhibit 99.1 hereto.\n\n \n\nThe information contained in this Current Report\non Form 8-K, including Exhibit 99.1 furnished herewith, shall not be deemed “filed” for purposes of Section 18 of the Securities\nExchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of such section and shall not\nbe deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be\nexpressly set forth by specific reference in such a filing."}