---
schema_version: "secwatch.filing_event.v1"
accession: "0001364954-22-000090"
form_type: "8-K"
ticker: "CHGG"
cik: "0001364954"
company_name: "CHEGG, INC"
filed_at: "2022-08-29T23:59:59+00:00"
generated_at: "2026-06-23T20:03:49.076774+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chegg to exchange $438.3M of 0% convertible notes for cash; close expected Sept 2

## Summary
- Exchanges $438.3M aggregate principal amount of 0% Convertible Senior Notes due 2026 for cash based on VWAP of CHGG stock.
- Cash consideration calculated using volume-weighted average price over two-day measurement period starting August 29, 2022.
- Transaction expected to close on September 2, 2022, subject to customary conditions.
- Privately negotiated exchange with certain holders; reduces outstanding debt and potential dilution from conversion.

## SEC filing metadata
- accession: 0001364954-22-000090
- form_type: 8-K
- ticker: CHGG
- cik: 0001364954
- company_name: CHEGG, INC
- filed_at: 2022-08-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364954/000136495422000090/0001364954-22-000090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364954/000136495422000090/chgg-20220826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364954-22-000090
- JSON: https://secwatch.observer/filing/0001364954-22-000090.json
- Plain text: https://secwatch.observer/filing/0001364954-22-000090.txt

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