Atlas Venture Fund VIII, L.P. sold IAS

December 23, 2025 · Form 4 insider transaction

Atlas Venture Fund VIII, L.P. sold 22,722,770 shares of IAS at $10.30 per share, a transaction worth $234.04M. The trade was recorded as j and disclosed on an SEC Form 4, filed 0 days after the transaction.

Direction
Disposed (sell-side)
Shares
22,722,770
Price
$10.30
Total value
$234.04M
Role
CompanyIAS
SecurityCommon stock, $0.001 par value
Transaction codeJ: J
Transaction dateDecember 23, 2025
Filing dateDecember 23, 2025
Shares owned after0
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

This Form 4 reports securities disposed pursuant to the Agreement and Plan of Merger, dated as of September 24, 2025 (the "Merger Agreement") by and among the Issuer, Igloo Group Parent, Inc., a Delaware corporation ("Parent"), and Igloo Group Acquisition Company, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, on December 23, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Parent. At the Effective Time, each share of common stock of the Issuer owned by the reporting persons immediately prior to the Effective Time was automatically cancelled, extinguished and converted into the right to receive $10.30 in cash, without interest thereon.; Shares held directly by Atlas Venture Fund VIII, L.P. ("Atlas VIII"). Atlas Venture Associates VIII, L.P. ("AVA VIII LP") is the sole general partner of Atlas VIII. Atlas Venture Associates VIII, Inc. ("AVA VIII Inc.") is the sole general partner of AVA VIII LP. Each of Atlas VIII, AVA VIII LP and AVA VIII Inc. disclaim beneficial ownership of all shares except to the extent of its pecuniary interest, if any, therein. This report shall not be deemed to be an admission that the reporting persons are the beneficial owners of such securities for purposes of Section 16 or for any other purpose.

View the original Form 4 on SEC EDGAR
Atlas Venture Fund VIII, L.P. sold IAS: December 23, 2025 | Insider Trading Screener