secwatch.observer — SEC 8-K summary
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Issuer:     Udemy, Inc. (UDMY)
CIK:        0001607939
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001140361-26-012318
Event type: litigation
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607939/000114036126012318/0001140361-26-012318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607939/000114036126012318/ef20069337_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-012318

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