---
schema_version: "secwatch.filing_event.v1"
accession: "0001364954-23-000074"
form_type: "8-K"
ticker: "CHGG"
cik: "0001364954"
company_name: "CHEGG, INC"
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:25:19.706097+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Chegg exchanges $426.9M convertible notes for $368.7M cash; closing May 22

## Summary
- Entered additional exchange agreements on May 12,14,15,2023 with note holders.
- Total exchanged: $85.8M of 0% 2026 notes and $341.1M of 0.125% 2025 notes.
- Cash repurchase prices: $65.2M for 2026 notes and $303.5M for 2025 notes.
- Post-closing remaining outstanding: $414.2M (2026 notes) and $358.9M (2025 notes).
- Transaction expected to close May 22, 2023; customary conditions apply.

## SEC filing metadata
- accession: 0001364954-23-000074
- form_type: 8-K
- ticker: CHGG
- cik: 0001364954
- company_name: CHEGG, INC
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1364954/000136495423000074/0001364954-23-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1364954/000136495423000074/chgg-20230512.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001364954-23-000074
- JSON: https://secwatch.observer/filing/0001364954-23-000074.json
- Plain text: https://secwatch.observer/filing/0001364954-23-000074.txt

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