Nerdy Posts Analyst Day Presentation, Provides Update on Business (PACE)
Get Alerts PACE Hot Sheet
Join SI Premium – FREE
Nerdy on April 20, 2021 held an analyst day and provided an update on its business in connection with its planned business combination with TPG Pace Tech Opportunities (NYSE: PACE).
The Company has posted the analyst day presentation, which provides an overview of the Company’s business, growth strategy and financial profile, to its website. As part of the presentation, the Company announced that active learners increased 67%, online sessions jumped 186%, and sessions taught per active expert grew 60% in the first quarter of 2021. The Company expects to release first quarter financial results in early May.
The Company expects the business combination to close in the second quarter of 2021, after which the combined company will operate as Nerdy Inc. and be listed on the New York Stock Exchange under the ticker symbol “NRDY.”
The analyst day materials may be accessed in the Investors section of the Company’s website using the following link: https://www.nerdy.com/investors in addition to TPG Pace Tech Opportunities’ website using the following link: https://www.tpg.com/pace-tech-opportunities.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Mangoceuticals (MGRX) Acquires Global Preventive Care Patent Portfolio
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Silicon Motion Technology (SIMO) Announces CFO Change
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Earnings, Definitive Agreement, IPO, SPACSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!