secwatch.observer — SEC 8-K summary
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Issuer:     Nerdy Inc. (NRDY)
CIK:        0001819404
Form:       8-K
Filed at:   2026-03-06T23:59:59+00:00
Accession:  0001819404-26-000024
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nerdy receives NYSE non-compliance notice for stock price below $1.00
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819404/000181940426000024/0001819404-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819404/000181940426000024/nrdy-20260305.htm
  HTML page:      https://secwatch.observer/filing/0001819404-26-000024

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