Nerdy Inc. Finalizes 1-for-15 Reverse Stock Split Effective August 19
NRDY is trading near its 52-week low of $0.704 (11% below the low).
Summary
Nerdy Inc. announced a 1-for-15 reverse stock split effective August 19, 2026, to regain compliance with NYSE's minimum share price rule. Outstanding Class A shares will drop from ~127.9M to ~8.5M.
Key Events · Corporate Governance and Compliance · NRDY
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Reverse Stock Split Approved
On August 13, 2026, the board approved a 1-for-15 reverse stock split, following stockholder approval of a range from 1-for-5 to 1-for-15.
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Effective Date and Trading
The split becomes effective at 12:01 a.m. ET on August 19, 2026, with Class A shares expected to trade on a split-adjusted basis that day under new CUSIP 64081V208.
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Share Count Reduction
Outstanding Class A shares will be reduced from approximately 127.9 million to approximately 8.5 million.
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NYSE Compliance Objective
The reverse split aims to increase the per-share price to satisfy NYSE's minimum average closing price requirement for continued listing.
Analysis · NRDY · Trade & Services
To maintain its NYSE listing, Nerdy Inc. has finalized a 1-for-15 reverse stock split, cutting outstanding Class A shares from roughly 127.9 million to 8.5 million. The move is designed to lift the share price above the exchange's $1.00 minimum requirement. Effective at 12:01 a.m. ET on August 19, 2026, the split will see trading begin on a split-adjusted basis that day. While this is a critical step for compliance, it does not alter the company's market capitalization or any stockholder's proportionate ownership, except for fractional share cash-outs.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, NRDY was trading at $0.63 on NYSE in the Trade & Services sector, with a market capitalization of approximately $135.5M. The 52-week trading range was $0.70 to $1.49. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.