secwatch.observer — SEC 8-K summary
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Issuer:     CHEGG, INC (CHGG)
CIK:        0001364954
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001364954-25-000033
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chegg receives NYSE delisting notice for stock price below $1.00
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364954/000136495425000033/0001364954-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364954/000136495425000033/chgg-20250401.htm
  HTML page:      https://secwatch.observer/filing/0001364954-25-000033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer