Chegg: Entry Into A Material Definitive Agreement


The following excerpt is from the company's SEC filing.

On June 30, 2014, Chegg, Inc. (“Chegg”) entered into the First Amendment to Credit Agreement with Bank of America, N.A. (“BofA”) and the domestic subsidiaries of Chegg (“First Amendment”). The First Amendment amends the Credit Agreement, dated as of August 12, 2013 (“Credit Agreement”), by and among Chegg, the domestic subsidiaries of Chegg, and BofA, to, among other things, reduce the revolving credit facility from an aggregate principal amount of $50,000,000 to $40,000,000, lower the related commitment fees, and make certain other favorable changes to the financial covenants.

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.

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Other recent filings from the company include the following:

Chegg's CHIEF FINANCIAL OFFICER just disposed of 410 shares - Sept. 15, 2014
Chegg's CHIEF TECHNOLOGY OFFICER just disposed of 63 shares - Sept. 15, 2014
Chegg's CHIEF BUSINESS OFFICER just disposed of 132 shares - Sept. 15, 2014
Chegg's SR VP & GENERAL COUNSEL just disposed of 158 shares - Sept. 15, 2014
Chegg's CHIEF CONTENT OFFICER just disposed of 96 shares - Sept. 15, 2014
PRESIDENT of Chegg just disposed of 2,136 shares - Sept. 15, 2014
Chegg's CHIEF INFORMATION OFFICER just disposed of 85 shares - Sept. 15, 2014
Chegg's CHIEF MARKETING OFFICER just disposed of 137 shares - Sept. 15, 2014

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