---
schema_version: "secwatch.filing_event.v1"
accession: "0001364954-23-000071"
form_type: "8-K"
ticker: "CHGG"
cik: "0001364954"
company_name: "CHEGG, INC"
filed_at: "2023-05-12T23:59:59+00:00"
generated_at: "2026-06-15T02:17:44.845407+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Chegg exchanges $301.8M of convertible notes for cash; $898.2M remain outstanding

## Summary
- Exchanged $66.2M of 0% 2026 notes and $235.6M of 0.125% 2025 notes for ~$260M cash total.
- Closing expected May 22, 2023; final repurchase price for 2025 notes depends on May 12 VWAP.
- After closing, $433.8M of 2026 notes and $464.4M of 2025 notes remain outstanding.
- Exchange agreements entered with limited holders; transactions reduce debt and interest burden.

## SEC filing metadata
- accession: 0001364954-23-000071
- form_type: 8-K
- ticker: CHGG
- cik: 0001364954
- company_name: CHEGG, INC
- filed_at: 2023-05-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364954/000136495423000071/0001364954-23-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364954/000136495423000071/chgg-20230511.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364954-23-000071
- JSON: https://secwatch.observer/filing/0001364954-23-000071.json
- Plain text: https://secwatch.observer/filing/0001364954-23-000071.txt

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