Udemy faces three shareholder lawsuits over Coursera merger; voluntarily supplements proxy

Udemy, Inc.

Three lawsuits filed in NY and CA challenging merger disclosures; demand letters also received.
Udemy and Coursera deny allegations but voluntarily supplement Joint Proxy Statement/Prospectus.
Supplemental disclosures add details on M&A committee formation and financial analysis assumptions.
Stockholder meetings for both companies scheduled for April 9, 2026 to vote on merger.
Supplemental disclosures include cash/debt amounts ($352M Udemy cash; $804M Coursera cash) and valuation ranges.

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