{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-216637","form_type":"8-K","ticker":"NRDY","cik":"0001819404","company_name":"Nerdy Inc.","filed_at":"2023-08-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.422314+00:00","generated_at":"2026-06-11T06:24:42.790643+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Nerdy commences exchange offer for public warrants and consent solicitation to simplify capital structure","bullets":["0.250 shares of Class A per public warrant tendered; non-tendered warrants forced at 0.225 shares.","Private warrant holders (95% consented) agree to exchange at same ratio; private B warrants cashless exercise.","Earnout holders (93% of 8M shares/units) forfeit 60% of earnout equity; remaining 40% vest unconditionally upon closing.","Net dilution impact less than 0.1% of fully diluted shares; purpose to reduce warrant overhang.","Offer commenced August 21, 2023; ~58% of public warrant holders already agreed to tender."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-216637","json":"https://secwatch.observer/filing/0001193125-23-216637.json","markdown":"https://secwatch.observer/filing/0001193125-23-216637.md","text":"https://secwatch.observer/filing/0001193125-23-216637.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819404/000119312523216637/0001193125-23-216637-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819404/000119312523216637/d541703d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T06:24:42.790643+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"}