{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-21-282190","form_type":"8-K","ticker":"NRDY","cik":"0001819404","company_name":"Nerdy Inc.","filed_at":"2021-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:19.837514+00:00","generated_at":"2026-06-29T01:37:11.477761+00:00","sec_items":["3.02","1.01","1.02","2.01","9.01","3.01","3.03","4.01","5.01","5.02","5.03","5.06"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nerdy Inc. completes de-SPAC merger with Nerdy LLC; $336.8M cash + equity consideration","bullets":["Legacy Nerdy holders received $336.8M cash, 18.58M Class A shares, 392,580 warrants, and 76.73M OpCo Units.","PIPE Financing: 15M Class A shares sold for $150M; FPA Financing: 16.12M shares + 3M warrants for $150M.","16.32M public shares redeemed for ~$163.2M at $10.00 per share; remaining trust proceeds used for merger.","Post-close ownership: public 17.2%, sponsor 8.7%, PIPE 9.0%, FPA (ex-sponsor) 8.0%, Legacy Nerdy 57.1%.","Company operates through OpCo; board of managers includes 3 designees from Nerdy Inc., 2 from non-company members."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-21-282190","json":"https://secwatch.observer/filing/0001193125-21-282190.json","markdown":"https://secwatch.observer/filing/0001193125-21-282190.md","text":"https://secwatch.observer/filing/0001193125-21-282190.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819404/000119312521282190/0001193125-21-282190-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819404/000119312521282190/d194845d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T01:37:11.477761+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}