M&A
confidence high
sentiment positive
materiality 0.75
TPG Pace sets Sept 14 vote for Nerdy merger after SEC declares S-4 effective
Nerdy Inc.
- SEC declared effective Form S-4 for TPG Pace's business combination with Nerdy.
- Extraordinary general meeting scheduled for September 14, 2021; record date August 16, 2021.
- Upon close, combined company to trade on NYSE as 'NRDY' (common stock) and 'NRDY WS' (warrants).
- Fourth Amendment to Business Combination Agreement revised tax treatment description of direct blocker mergers.
- Closing expected promptly after shareholder approval and satisfaction of customary conditions.