secwatch.observer — SEC 8-K summary
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Issuer:     Coursera, Inc. (COUR)
CIK:        0001651562
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001140361-26-012316
Event type: litigation
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Coursera faces 3 shareholder lawsuits over Udemy merger; supplements proxy
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- Three complaints filed in NY and CA courts alleging disclosure deficiencies in merger proxy statement.
- Coursera and Udemy voluntarily add supplemental disclosures, including M&A Committee formation and financial projections.
- Special stockholder meetings for both companies to vote on merger set for April 9, 2026.
- Supplemental disclosures include Coursera cash $804M, Udemy cash $352M, combined cash $1,081M, debt $0.
- Coursera and Udemy deny all allegations; lawsuits deemed without merit but supplement to avoid delay.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1651562/000114036126012316/0001140361-26-012316-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1651562/000114036126012316/ef20069204_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-012316

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer