regulatory
confidence high
sentiment negative
materiality 0.65
Nerdy receives NYSE non-compliance notice for stock price below $1.00
Nerdy Inc.
- NYSE notified Nerdy on March 5, 2026 that average closing price of Class A common stock was below $1.00 over 30 consecutive trading days.
- Company notified NYSE on March 6, 2026 of intent to cure within six-month cure period via reverse stock split or other means, pending stockholder approval.
- As of Dec 31, 2025, cash and cash equivalents were $47.9M; company believes it has ample liquidity to fund business and pursue growth initiatives.
- Stock will continue to trade on NYSE during cure period subject to compliance with other continued listing standards.