Chegg, Inc. was notified by the New York Stock Exchange on July 24, 2026 that it is not in compliance with Section 802.01C after its average closing share price stayed below $1.00 for 30 trading days ending July 23, 2026. The notice does not remove Chegg’s stock from the NYSE now, but it starts a six-month period to regain compliance.
NYSE Section 802.01C
Chegg trades under CHGG, and its common stock will continue to be listed and trade during the cure period if it meets the NYSE’s other continued listing standards. To regain compliance, Chegg must have a closing share price of at least $1.00 on the last trading day of a calendar month and an average closing share price of at least $1.00 over the 30 trading-day period ending that day.
Chegg and May 2026
The new notice is separate and distinct from one Chegg received in December 2025 over the same minimum share price requirement. Chegg said it cured that earlier notice and regained compliance at the end of May 2026, making the July notice a repeat problem rather than a new listing issue.
Chegg said it intends to notify the NYSE of its intent to regain compliance. It also said regaining compliance may include effecting a reverse stock split, subject to approval by the board of directors of the Company.
Chegg's six-month period
If Chegg does not restore compliance within the six-month period after the July 24 notice, its common stock will be subject to the NYSE’s suspension and delisting procedures. The company has said the skilling market is $40 billion and growing, but the listing notice keeps the immediate focus on whether the share price can move back above the NYSE threshold before the cure window closes.
