other material
confidence high
sentiment neutral
materiality 0.50
Nerdy shareholders approve 12.5M share increase to equity plan and annual evergreen provision
Nerdy Inc.
- Approved amendment raising authorized shares under 2021 Equity Plan from 27.8M to 40.3M.
- Annual evergreen provision (starting Jan 2023): 5% of pro forma outstanding shares or lower Board-set amount.
- Vote: 121.98M for, 13.03M against, 0.62M abstain; broker non-votes 3.66M.
- Directors Charles Cohn and Greg Mrva elected as Class I directors.
- Ratified PricewaterhouseCoopers as independent auditor for FY2022.