CHEGG, INC (CHGG): Nasdaq/NYSE listing notice — Chegg receives NYSE delisting notice for stock price below $1.00

CHEGG, INC

NYSE notified Chegg on April 1, 2025 that its avg closing share price was <$1.00 over 30 trading days.
Chegg has a six-month cure period to regain compliance; may pursue a reverse stock split if needed.
Stock continues trading on NYSE during cure period; failure to comply may lead to suspension/delisting.
Chegg intends to notify NYSE of its plan to cure and will monitor share price throughout the period.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

CHEGG, INC received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

Exchange: nyse
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 802.01C

Exact text from the filing

April 1, 2025, Chegg, Inc. (the “Company”) was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing share price of the Company’s common stock as of March 31, 2025 was less than $1.00 over a consecutive 30 trading-day period. As required by the NYSE, the Company intends to notify the NYSE timely of its intent to regain compliance with the NYSE minimum share price requirement, which may include, if necessary, effecting a reverse stock split, subject to approval by the board of director

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CHEGG, INC filing history →

Source: SEC EDGAR

accession 0001364954-25-000033

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