Nerdy (NRDY) AGM 2026 summary
Event summary combining transcript, slides, and related documents.
AGM 2026 summary
13 Aug, 2026Opening remarks and agenda
Meeting called to order by the Chief Legal Officer, who also served as Chairman.
Notice of the meeting was distributed to all entitled stockholders, and a quorum was confirmed.
Only one proposal was on the agenda for approval at this meeting.
Shareholder proposals
Proposal to amend the certificate of incorporation to effect a reverse stock split of Class A and Class B common stock at a ratio between 1-for-5 and 1-for-15, with the exact ratio and timing at the board's discretion.
Overview of voting outcomes
Polls were opened and closed during the meeting, with voting conducted electronically.
Preliminary tally indicated stockholders voted in favor of the proposal.
Final voting results will be included in the meeting minutes and filed in a Form 8-K with the SEC.
Latest events from Nerdy
- Q2 2026 revenue fell 4% as margins improved and focus shifted to core Consumer business.NRDY
Q2 2026 - Voting rights clarified: 190,772,334 shares eligible for one vote each at the August 2026 meeting.NRDY
Proxy filing - Vote on a reverse stock split to regain NYSE compliance and avoid delisting risks.NRDY
Proxy filing - Shareholders will vote on a reverse stock split to help regain NYSE compliance and improve share price.NRDY
Proxy filing - Q1 2026 beat revenue and margin guidance, with net loss narrowed and strong AI-driven gains.NRDY
Q1 2026 - Learning Membership revenue and ARPM grew, with EBITDA loss beating guidance and profitability expected in Q4 2025.NRDY
Q2 2025 - Q3 revenue fell 7% to $37.5M, net loss was $15.9M, and liquidity remains strong at $65M.NRDY
Q3 2024 - Q2 revenue up 4% to $51M; Institutional growth strong, profitability targeted by year-end.NRDY
Q2 2024 - Q1 revenue beat guidance but fell 11% year-over-year; margin and outlook improved on AI gains.NRDY
Q1 2025