---
schema_version: "secwatch.filing_event.v1"
accession: "0001819404-24-000055"
form_type: "8-K"
ticker: "NRDY"
cik: "0001819404"
company_name: "Nerdy Inc."
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:09:25.889508+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nerdy receives NYSE non-compliance notice; average stock price below $1.00 for 30 days

## Summary
- NYSE notified Nerdy on Nov 12, 2024 that its avg closing price was <$1.00 over 30 consecutive trading days.
- Company has six months to cure; can regain if closing price ≥$1.00 at month-end and 30-day avg ≥$1.00.
- Alternatives include a reverse stock split, subject to stockholder approval at next annual meeting.
- Stock continues trading on NYSE; no immediate impact on business operations or SEC reporting.
- Ended Q3 2024 with $65M cash and no debt; company believes liquidity is sufficient.

## SEC filing metadata
- accession: 0001819404-24-000055
- form_type: 8-K
- ticker: NRDY
- cik: 0001819404
- company_name: Nerdy Inc.
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000181940424000055/0001819404-24-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000181940424000055/nrdy-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819404-24-000055
- JSON: https://secwatch.observer/filing/0001819404-24-000055.json
- Plain text: https://secwatch.observer/filing/0001819404-24-000055.txt

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