Online tutoring

Chegg Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Retrieved on: 
Monday, February 22, 2021

Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced the closing of its public offering of 11,274,600 shares of its common stock at a public offering price of $102.00 per share, which includes the exercise in full of the underwriters option to purchase an additional 1,470,600 shares of its common stock.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced the closing of its public offering of 11,274,600 shares of its common stock at a public offering price of $102.00 per share, which includes the exercise in full of the underwriters option to purchase an additional 1,470,600 shares of its common stock.
  • Chegg sold 10,974,600 shares of its common stock in the offering and Dan Rosensweig, our President, Chief Executive Officer and Co-Chairperson of the Board, who is the selling stockholder, sold 300,000 shares of common stock in the offering.
  • Chegg did not receive any proceeds from the sale of the shares by the selling stockholder.
  • Morgan Stanley, Goldman Sachs & Co. LLC and Allen & Company LLC acted as joint book-running managers for the offering.

Chegg Announces Pricing of an Upsized $1.0 Billon Public Offering of Common Stock

Retrieved on: 
Thursday, February 18, 2021

Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced the pricing of its upsized underwritten registered public offering of 9,804,000 shares of its common stock at a public offering price of $102.00 per share.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced the pricing of its upsized underwritten registered public offering of 9,804,000 shares of its common stock at a public offering price of $102.00 per share.
  • All 9,804,000 shares of its common stock are offered by Chegg.
  • The offering is expected to close on February 22, 2021, subject to the satisfaction of customary closing conditions.
  • This press release contains forward-looking statements including, among other things, statements relating to the closing of the public offering and expected use of proceeds from the offering.

Chegg Announces Proposed Public Offering of Common Stock

Retrieved on: 
Tuesday, February 16, 2021

Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced that it is commencing an underwritten registered public offering of $800.0 million of its common stock.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced that it is commencing an underwritten registered public offering of $800.0 million of its common stock.
  • The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
  • Chegg expects to use the net proceeds from the offering for general corporate purposes, which may include acquisitions or other strategic transactions and repayment of indebtedness.
  • This press release contains forward-looking statements including, among other things, statements relating to the timing of the proposed public offering and expected use of proceeds from the offering.

Morphose Capital Partners Secures Funding for Sherpa's Online Tutoring Platform

Retrieved on: 
Thursday, February 4, 2021

LONDON, Feb. 4, 2021 /PRNewswire/ -- Morphose Capital Partners, London-based specialists in Mergers and Acquisitions, corporate restructuring and finance, has secured a second six-figure investment for 'EdTech' sector Sherpa's online tutoring platform.

Key Points: 
  • LONDON, Feb. 4, 2021 /PRNewswire/ -- Morphose Capital Partners, London-based specialists in Mergers and Acquisitions, corporate restructuring and finance, has secured a second six-figure investment for 'EdTech' sector Sherpa's online tutoring platform.
  • UK-based Sherpa is an exciting new platform providing interactive online one-to-one tuition for learners of all levels.
  • This latest funding round was run by Morphose Capital Partners.
  • Sherpa's platform connects specialist qualified UK teachers with students online, allowing students to find and arrange one-to-one tuition conveniently, via the interactive online classroom.

mindSpark Learning® Launches ENGAGE Leadership Series to Help U.S. School and District Leaders Better Engage and Retain Staff

Retrieved on: 
Wednesday, February 3, 2021

mindSpark Learning (MindSpark), a nonprofit that creates and facilitates transformative professional learning experiences for educators and professionals globally, is committed to helping school districts retain their talent and today announced the launch of its ENGAGE Leadership Series for school and district leaders.

Key Points: 
  • mindSpark Learning (MindSpark), a nonprofit that creates and facilitates transformative professional learning experiences for educators and professionals globally, is committed to helping school districts retain their talent and today announced the launch of its ENGAGE Leadership Series for school and district leaders.
  • The ENGAGE Leadership Series is a seven-week virtual series, beginning March 23, 2021.
  • Educator engagement and retention has a drastic effect on schools and students, said mindSpark Learning CEO Kellie Lauth.
  • Programs focus on STEM Skills, Leadership Training, Social and Emotional Learning, sports and coaching with mSL CAPITA, and our mindSpark Learning Toolkit.

Tutor.com Has Delivered 20 Million Online Tutoring Sessions

Retrieved on: 
Monday, February 1, 2021

NEW YORK, Feb. 1, 2021 /PRNewswire/ -- Tutor.com , one of the nation's largest online tutoring companies, has reached an impressive milestone: 20 million one-to-one tutoring sessionsand counting.

Key Points: 
  • NEW YORK, Feb. 1, 2021 /PRNewswire/ -- Tutor.com , one of the nation's largest online tutoring companies, has reached an impressive milestone: 20 million one-to-one tutoring sessionsand counting.
  • Nearly two million of those 20 million sessions were delivered in 2020a year in which Tutor.com met record-breaking demand for its services.
  • Overall, 2020 saw the highest single-year delivery of services in the company's 21-year historyan increase of more than 50 percent above the 1.3 million tutoring sessions completed in 2019.
  • Since its incorporation in 2000, Tutor.com has delivered more than 20 million one-to-one online tutoring and homework help sessions to students.

Arizona State University and Chegg Announce Innovative New Partnership to Expand Access for In-Demand Advanced Skills Programs

Retrieved on: 
Tuesday, January 26, 2021

Learners who enroll in one of the training programs can choose to study either full-time or part time and complete in 5-6 months.

Key Points: 
  • Learners who enroll in one of the training programs can choose to study either full-time or part time and complete in 5-6 months.
  • The Chegg and Thinkful teams share our same vision for providing individuals with the types of skills that open doors and increase economic mobility.
  • ASUs extraordinary commitment to innovation, and their reputation and reach, will help us dramatically expand access to these much-needed programs, said John Filmore, President of Chegg Skills.
  • Arizona State University has developed a new model for the American Research University, creating an institution that is committed to access, excellence and impact.

 Chegg to Announce Fourth Quarter and Full Year 2020 Financial Results

Retrieved on: 
Monday, January 11, 2021

Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced that it is scheduled to release its earnings results for the fourth quarter and full fiscal year of 2020 which ended December 31st, 2020, on Monday, February 8th, 2021, after the market close.

Key Points: 
  • Chegg, Inc. (NYSE: CHGG), a Smarter Way to Student, today announced that it is scheduled to release its earnings results for the fourth quarter and full fiscal year of 2020 which ended December 31st, 2020, on Monday, February 8th, 2021, after the market close.
  • Chegg will host a conference call to discuss the fourth quarter and full year financial results at 1:30 p.m. Pacific Standard Time (4:30 p.m. Eastern Standard Time) on the same day.
  • A live webcast of the call will also be available at https://investor.chegg.com under the Events & Presentations menu.
  • Chegg is a publicly held company based in Santa Clara, California and trades on the NYSE under the symbol CHGG.

mindSpark Learning® Rebrands with New Look and Refined Messaging, Aligning More with Needs of Dynamic Education Landscape

Retrieved on: 
Monday, January 11, 2021

The MindSpark team believes society's biggest problems can be solved through education, by educators.

Key Points: 
  • The MindSpark team believes society's biggest problems can be solved through education, by educators.
  • mindSpark Learning (MindSpark), a nonprofit founded as Share Fair Nation in 2007 and rebranded in 2017, empowers educators to solve societys biggest challenges by providing transformative professional learning experiences.
  • Programs focus on STEM Skills, Leadership Training, Social and Emotional Learning, sports and coaching with mSL CAPITA, and our mindSpark Learning Toolkit.
  • To date, mindSpark Learning has impacted more than 31,168 educators and 976,226 students in 3,472 schools across 49 states, Washington D.C and 59 countries.

Young Women In Bio (YWIB) and Winward Academy Announce Launch of YWIB Teachers

Retrieved on: 
Tuesday, January 5, 2021

Sea Island, GA, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Young Women In Bio (YWIB) and Winward Academy are pleased to announce the launch of YWIB Teachers, a STEM-focused outreach program for teachers, by making YWIBs online video series and teaching resources available on Winward Academys online tutoring platform.

Key Points: 
  • Sea Island, GA, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Young Women In Bio (YWIB) and Winward Academy are pleased to announce the launch of YWIB Teachers, a STEM-focused outreach program for teachers, by making YWIBs online video series and teaching resources available on Winward Academys online tutoring platform.
  • At YWIB, we have a deep respect for teachers and the difference they can make in their students lives.
  • Through the launch of our YWIB Teachers program, we intend to support teachers in any way we can in their efforts to bring STEM to the classroom, said Lily Wound, National Chair of YWIB.
  • YWIB will provide teachers through its YWIB Teachers program access to STEM events, resources and other opportunities to support their efforts to bring STEM to the classroom.