---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-045770"
form_type: "8-K"
ticker: "COUR"
cik: "0001651562"
company_name: "Coursera, Inc."
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:55:28.580502+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Coursera to acquire Udemy in all-stock deal; implied equity value ~$2.5B

## Summary
- Udemy shareholders receive 0.800 shares of Coursera per share; 26% premium to 30-day average.
- Pro forma annual revenue >$1.5B; expected annual run-rate cost synergies of $115M within 24 months of close.
- Transaction expected to close by H2 2026; subject to regulatory and shareholder approvals.
- Greg Hart to remain CEO of combined company; board to have 6 Coursera and 3 Udemy directors.
- Combined company to operate as Coursera (NYSE: COUR); Udemy to delist; Coursera's PBC status unchanged.

## SEC filing metadata
- accession: 0001140361-25-045770
- form_type: 8-K
- ticker: COUR
- cik: 0001651562
- company_name: Coursera, Inc.
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651562/000114036125045770/0001140361-25-045770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651562/000114036125045770/ef20061429_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-045770
- JSON: https://secwatch.observer/filing/0001140361-25-045770.json
- Plain text: https://secwatch.observer/filing/0001140361-25-045770.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.