M&A
confidence high
sentiment neutral
materiality 0.70
Coursera shareholders approve stock issuance for Udemy merger, increase authorized shares
Coursera, Inc.
- Proposal 1 (issuance of shares for merger) approved with 112,318,586 votes for, 273,944 against.
- Proposal 2 (increase authorized shares from 300M to 600M) adopted with 111,016,381 votes for.
- Special meeting held April 9, 2026; quorum of 112,952,116 shares (66.7% of outstanding) represented.
- Merger with Udemy remains subject to satisfaction of remaining closing conditions under Merger Agreement.