secwatch.observer — SEC 8-K summary
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Issuer:     CHEGG, INC (CHGG)
CIK:        0001364954
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001364954-25-000147
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chegg receives NYSE delisting notice for sub-$1.00 average share price
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- On Dec 12, 2025, NYSE notified Chegg its 30-day avg closing price was below $1.00 as of Dec 11.
- Chegg has a six-month cure period to regain compliance, possibly via a reverse stock split.
- Stock continues trading on NYSE during the cure; failure to cure may lead to delisting.
- Company will monitor price and evaluate options; no immediate impact on listing status.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1364954/000136495425000147/0001364954-25-000147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1364954/000136495425000147/chgg-20251212.htm
  HTML page:      https://secwatch.observer/filing/0001364954-25-000147

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