SAN FRANCISCO, July 24, 2026–(BUSINESS WIRE)–Chegg, Inc. (“Chegg” or the “Company”) (NYSE:CHGG), a world studying and workforce skilling firm, at the moment introduced that on July 24, 2026, the Company was notified by the New York Stock Exchange (the “NYSE”) that it isn’t in compliance with Section 802.01C of the NYSE Listed Company Manual as a result of the typical closing share value of the Company’s widespread inventory was lower than $1.00 over a consecutive 30 trading-day interval ending on July 23, 2026. This discover is separate and distinct from the NYSE discover obtained by the Company in December 2025 relating to minimal share value requirement compliance, which the Company subsequently cured to regain compliance on the finish of May 2026.
As required by the NYSE, the Company intends to inform the NYSE well timed of its intent to regain compliance with the NYSE minimal share value requirement, which can embody, if mandatory, effecting a reverse inventory break up, topic to the approval of the board of administrators of the Company. The Company can regain compliance at any time throughout the six-month interval following receipt of the NYSE discover if on the final buying and selling day of any calendar month in the course of the treatment interval the Company’s widespread inventory has a closing share value of no less than $1.00 and a median closing share value of no less than $1.00 over the 30 trading-day interval ending on the final buying and selling day of that month.
The discover has no fast influence on the itemizing of the Company’s widespread inventory, which can proceed to be listed and commerce on the NYSE in the course of the six-month treatment interval, topic to the Company’s compliance with the opposite NYSE continued itemizing requirements. The Company intends to proceed to observe the closing share value of its widespread inventory all through the treatment interval and, as applicable, will consider obtainable choices to resolve the deficiency and regain compliance with the minimal share value requirement. In the occasion that the Company fails to regain compliance with the minimal share value requirement, the Company’s widespread inventory shall be topic to NYSE’s suspension and delisting procedures.
About Chegg
Chegg is a studying platform serving to companies deliver new abilities to their workforce and giving lifelong learners and college students the talents and confidence to succeed. Focused on the skilling market, which is $40 billion and rising, Chegg presents progressive instruments for office readiness, skilled upskilling, and language studying. Chegg additionally continues to supply college students synthetic intelligence (AI)-driven, customized assist. Chegg stays dedicated to its mission of enhancing studying outcomes and profession alternatives for thousands and thousands around the globe. Chegg is a publicly held firm and trades on the NYSE below the image CHGG. For extra info, go to www.chegg.com.
