# Coursera, Inc. (COUR) — merger [completed]
Source: SEC API (secapi.ai) · situation sit_0eb98afc921e6ca5d2ce · retrieved 2026-08-11T16:09:37.403Z

## Overview
Coursera, Inc. is a prepackaged software and online learning services company.

Coursera, Inc. and Udemy, Inc. announced a proposed business combination requiring approval from both companies' stockholders. Both Coursera and Udemy will hold special stockholder meetings on April 9, 2026 to vote on the planned combination. The record date for Coursera's special meeting is March 6, 2026. The registration statement was declared effective on March 10, 2026, and the definitive joint proxy statement/prospectus was first mailed to stockholders on or around March 10, 2026.

## Terms
- Counterparty: Udemy, Inc. · Consideration: stock

## Key dates
- Announced 2026-02-06 · Record 2026-03-06 · Vote 2026-04-09 · Expected close 2026-12-31 · Completed 2026-05-11

## Timeline
- 2026-02-06 · 425 (0001140361-26-004240): 425 - Coursera, Inc. — *Coursera, Inc. operates an online learning platform serving 197 million registered learners through partnerships with 375 universities and industry partners, as well as enterprise customers, offering skills-based learning and verified assessments.* Coursera, Inc. announced in December 2025 an agreement to combine with Udemy, Inc., creating a company with pro forma revenue of approximately $1.5 billion. The combined entity will be roughly 50% consumer and 50% enterprise, compared to Coursera's current 67% consumer and 33% enterprise split and Udemy's inverse 67% enterprise and 33% consumer mix. Coursera expects to generate anticipated annual run-rate cost synergies of $115 million within 24 months of closing, primarily through optimized go-to-market motions and streamlined G&A expense, with a majority of these synergies expected within the first year post-close. The transaction is expected to close in the second half of 2026, subject to regulatory approvals and shareholder approval, though management noted a wide range of potential outcomes.
  https://www.sec.gov/Archives/edgar/data/1651562/0001140361-26-004240.txt
- 2026-02-11 · 425 (0001140361-26-004690): 425 - Coursera, Inc. — *Coursera, Inc. provides prepackaged software and online learning solutions; Udemy, Inc. provides educational services through an online learning platform.* Coursera, Inc. and Udemy, Inc. announced a proposed business combination. On February 10, 2026, the companies received early termination of the Hart-Scott-Rodino (HSR) Act waiting period from the U.S. Federal Trade Commission, clearing the U.S. antitrust premerger review process. Completion of the transaction remains subject to other customary closing conditions, including additional regulatory approvals outside the U.S. and approval by the stockholders of both Coursera and Udemy. The companies will continue to operate as separate, independent entities until the transaction closes.
  https://www.sec.gov/Archives/edgar/data/1651562/0001140361-26-004690.txt
- 2026-02-26 · 425 (0001140361-26-006832): 425 - Coursera, Inc. — *Coursera, Inc. is a prepackaged software and online learning platform company that provides educational services and AI-powered learning solutions.* Coursera, Inc. filed a preliminary Form S-4 registration statement with the SEC on February 25, 2026, in connection with its proposed combination with Udemy, Inc. The S-4 registers Coursera shares to be issued to Udemy shareholders and provides detailed financial information and risk factors for investors. The transaction remains subject to shareholder votes from both companies and customary closing conditions. Leadership teams have begun integration planning across multiple workstreams, with further details expected at a March 10 all-hands meeting.
  https://www.sec.gov/Archives/edgar/data/1651562/0001140361-26-006832.txt
- 2026-03-10 · 425 (0001140361-26-008856): 425 - Coursera, Inc. — *Coursera, Inc. is a prepackaged software and online learning services company.* Coursera, Inc. and Udemy, Inc. announced a proposed business combination requiring approval from both companies' stockholders. Both Coursera and Udemy will hold special stockholder meetings on April 9, 2026 to vote on the planned combination. The record date for Coursera's special meeting is March 6, 2026. The registration statement was declared effective on March 10, 2026, and the definitive joint proxy statement/prospectus was first mailed to stockholders on or around March 10, 2026.
  https://www.sec.gov/Archives/edgar/data/1651562/0001140361-26-008856.txt
- 2026-05-11 · 8-K (0001140361-26-020399): 8-K 8-K
  https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/ef20072971_8k.htm

## Citations
- 0001140361-26-004240 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126004240
- 0001140361-26-004690 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126004690
- 0001140361-26-006832 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126006832
- 0001140361-26-008856 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126008856
- 0001140361-26-020399 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126020399