Nerdy to execute 1-for-15 reverse stock split Aug. 19 - NRDY News | RalliesNerdy to execute 1-for-15 reverse stock split Aug. 19
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NRDY• Reverse split details
- Nerdy will implement a 1-for-15 reverse stock split, effective 12:01 a.m. ET on Aug. 19, 2026.
- Class A shares are set to trade on a split-adjusted basis at the Aug. 19 open under NRDY.
- Outstanding Class A shares will drop to about 8,500,000 from about 127,900,000.
- The move targets a higher share price to meet the NYSE’s minimum average closing price requirement.
- Equity awards will be adjusted proportionately; fractional shares will be cashed out.
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