newsfilter
← Latest News
Business Wire·

Chegg Receives Continued Listing Standard Notice from NYSE

  • Chegg received a July 24, 2026 notice from the NYSE stating non-compliance with Section 802.01C due to an average closing share price below $1.00 over 30 consecutive trading days ending July 23, 2026.
  • This notice is separate from a December 2025 notice regarding minimum share price compliance that the company cured by May 2026.
  • The company has a six-month cure period to regain compliance by achieving a closing price of at least $1.00 on the last trading day of any calendar month, along with a 30-day average of at least $1.00.
  • Chegg intends to evaluate options to resolve the deficiency, which may include effecting a reverse stock split subject to board approval.
  • The company's stock will continue to trade on the NYSE during the cure period provided it meets other listing standards.
  • Failure to regain compliance within the six-month window may result in suspension & delisting procedures by the NYSE.