Sundance Selects has acquired the North American rights to the Adam Pally-Sarah Burns romantic comedy “Slow Learners”, two months after its world premiere at the Tribeca Film Festival, Variety has learned exclusively.

Sundance Selects will release the film day-and-date on Aug. 19 in theaters and on VOD.

Don Argott and Sheena M. Joyce directed the film from a screenplay by Matt Serword in which a high school guidance counselor and his friend and co-worker decide to forgo their vanilla personas and use drugs and alcohol to become more interesting people. Reid Scott, Catherine Reitman, Mary Grill, Marceline Hugot, Kate Flannery, Bobby Moynihan, Cecily Strong and Kevin Dunn also star.

Producers are Tommy Joyner, Jamie Lokoff, Brian O’Connor and Tammy Tiehel-Stedman.

Sundance Selects previously released Argott and Joyce’s “The Last Days Here,” while sister label IFC Films previously released Argott’s “The Art of the Steal.”

Pally is known for his work on “The Mindy Project.” Burns stars in the upcoming “Grandma” alongside Lily Tomlin.

The deal for the film was negotiated by Arianna Bocco for Sundance Selects/IFC Films with XYZ Films and Submarine Films on behalf of the filmmakers.