Nerdy Inc. has announced that it has received a notice indicating that it is not in compliance with the New York Stock Exchange's minimum share price requirement, as the stock's average closing price fell below $1.00 for 30 consecutive trading days. The company has informed the NYSE of its intention to rectify the situation within a six-month cure period. Options to address the issue, such as a reverse stock split, will be considered and may require shareholder approval at the next annual meeting. In the interim, Nerdy Inc.'s stock will remain listed on the NYSE, and the company's business operations, along with its financial stability—evidenced by $65.0 million in cash and no debt—are not anticipated to be affected.