Short answer
Nerdy Inc. (NRDY) filed an 8-K current report with the SEC on March 6, 2026 reporting Item 3.01 (Notice of Delisting). NYSE non-compliance notice received March 5, 2026: 30-day avg closing price fell below $1.00 threshold.
- This filing includes Item 3.01, an item that often signal trouble.
Nerdy Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 3.01 · Notice of Delisting
- NYSE non-compliance notice received March 5, 2026: 30-day avg closing price fell below $1.00 threshold
- Six-month cure window: stock must close ≥$1.00 and hold 30-day avg ≥$1.00 on last trading day of any month
- Reverse stock split under consideration as fallback, requiring stockholder approval no later than 2027 annual meeting
- Shares remain listed and trading on NYSE during cure period: no immediate delisting risk
- Liquidity thin: $47.9M cash as of Dec 31, 2025, supplemented by term loan; sub-$1 stock limits equity raise options
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Nerdy Inc. 8-K filings
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