---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-217972"
form_type: "8-K"
ticker: "NRDY"
cik: "0001819404"
company_name: "Nerdy Inc."
filed_at: "2021-07-19T23:59:59+00:00"
generated_at: "2026-06-30T04:35:21.019963+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# TPG Pace & Nerdy amend merger agreement: extend outside date to Aug 31, refine governance & lock-up

## Summary
- Outside date extended from ~July 27 to August 31, 2021 for closing the Nerdy business combination.
- Governance: if TPG Pace holds <50% of OpCo, board fixed at 5 managers with specific designees (TPG Pace 2, Charles Cohn 1, TCV 1, Davis VT 1).
- Lock-up revised: Nerdy holders may sell shares to cover income tax costs if redemptions exceed threshold needed to keep TPG Pace >50% ownership.
- Second Amendment to Business Combination Agreement signed July 14, 2021.

## SEC filing metadata
- accession: 0001193125-21-217972
- form_type: 8-K
- ticker: NRDY
- cik: 0001819404
- company_name: Nerdy Inc.
- filed_at: 2021-07-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000119312521217972/0001193125-21-217972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000119312521217972/d162069d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-217972
- JSON: https://secwatch.observer/filing/0001193125-21-217972.json
- Plain text: https://secwatch.observer/filing/0001193125-21-217972.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.