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The case for Nerdy Inc.'s 1-for-15 reverse stock split is simple: it keeps the St. Louis-based live-learning company on the New York Stock Exchange.
What complicates that case is everything the ratio change leaves untouched. The split, disclosed via an 8-K filed as a material modification to security holder rights, takes effect at 12:01 a.m.
Eastern time on August 19, 2026. Both Class A and Class B Common Stock are subject to the ratio.
Class A shares will trade on a split-adjusted basis that morning under the existing NRDY ticker, with a new CUSIP number of 64081V208.
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