Nerdy Inc. Receives Notice from NYSE for Stock Price Deficiency, Plans to Cure with Reverse Stock Split

Nerdy Inc. received a notice from the NYSE for non-compliance with continued listing criteria due to its Class A Common Stock average closing price being below $1.00 over a 30-trading-day period. The company intends to cure the deficiency and regain compliance within six months or consider a reverse stock split with stockholder approval. Its liquidity remains strong with cash and cash equivalents of $47.9 million as of December 31, 2025.