---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-020399"
form_type: "8-K"
ticker: "COUR"
cik: "0001651562"
company_name: "Coursera, Inc."
filed_at: "2026-05-11T13:16:18+00:00"
generated_at: "2026-05-11T18:10:05.189545+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Coursera completes acquisition of Udemy; combined revenue >$1.5B, $115M cost synergies targeted

## Summary
- Each Udemy share exchanged for 0.800 Coursera shares; Coursera stockholders own ~59%, Udemy ~41% on fully diluted basis.
- Combined 2025 revenue exceeds $1.5B; expects run-rate cost synergies of $115M within 24 months, majority in first year.
- Plans to announce share repurchase program within two weeks; Coursera continues on NYSE under 'COUR', Udemy delisted.
- Board expanded to nine directors; three new directors from Udemy (Abbasi, Maco, Paterson); three Coursera directors resigned.
- Charter amendment increased authorized shares from 300M to 600M to facilitate merger consideration.

## SEC filing metadata
- accession: 0001140361-26-020399
- form_type: 8-K
- ticker: COUR
- cik: 0001651562
- company_name: Coursera, Inc.
- filed_at: 2026-05-11T13:16:18+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 2.01, 3.03, 5.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/ef20072971_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-020399
- JSON: https://secwatch.observer/filing/0001140361-26-020399.json
- Plain text: https://secwatch.observer/filing/0001140361-26-020399.txt

## Key facts
- Executive change
  Amanda M. Clark resigned as Director at Coursera, Inc..
  - Action: resigned
  - Role: Director
  source text: each of Amanda M. Clark, Susan W. Muigai and Sabrina L. Simmons resigned from the Board and any and all committees thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm
- Executive change
  Lydia Paterson was appointed as Director at Coursera, Inc..
  - Action: appointed
  - Role: Director
  source text: Sohaib Abbasi, Marylou Maco and Lydia Paterson, each of whom were directors of Udemy as of the date of the Merger Agreement, were appointed to the Board effective immediately following the Closing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm
- Executive change
  Sohaib Abbasi was appointed as Director at Coursera, Inc..
  - Action: appointed
  - Role: Director
  source text: Sohaib Abbasi, Marylou Maco and Lydia Paterson, each of whom were directors of Udemy as of the date of the Merger Agreement, were appointed to the Board effective immediately following the Closing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm
- Executive change
  Marylou Maco was appointed as Director at Coursera, Inc..
  - Action: appointed
  - Role: Director
  source text: Sohaib Abbasi, Marylou Maco and Lydia Paterson, each of whom were directors of Udemy as of the date of the Merger Agreement, were appointed to the Board effective immediately following the Closing
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm
- Executive change
  Sabrina L. Simmons resigned as Director at Coursera, Inc..
  - Action: resigned
  - Role: Director
  source text: each of Amanda M. Clark, Susan W. Muigai and Sabrina L. Simmons resigned from the Board and any and all committees thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm
- Executive change
  Susan W. Muigai resigned as Director at Coursera, Inc..
  - Action: resigned
  - Role: Director
  source text: each of Amanda M. Clark, Susan W. Muigai and Sabrina L. Simmons resigned from the Board and any and all committees thereof.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm
- Governance Changes
  Coursera, Inc.: Increased authorized shares of Common Stock from 300,000,000 to 600,000,000 (effective 2026-05-11).
  - Change: charter amendment
  - Effective: 2026-05-11
  source text: the Company amended its Amended and Restated Certificate of Incorporation by filing with the Secretary of State of the State of Delaware a certificate of amendment (the “Charter Amendment”) to increase the number of authorized shares of Company Common Stock from 300,000,000 shares to 600,000,000 shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm
- M&A Transactions
  Coursera, Inc. completed an acquisition involving Udemy, Inc. for 0.800 shares of common stock per share of Udemy common stock (closed 2026-05-11).
  - Action: acquisition
  - Counterparty: Udemy, Inc.
  - Consideration: 0.800 shares of common stock per share of Udemy common stock
  - Closing: 2026-05-11
  source text: issued and outstanding immediately prior to the Effective Time, except for certain shares owned by the Company, Udemy or Merger Sub, was converted into the right to receive 0.800 shares of common stock (the “Exchange Ratio”), par value $0.00001 per share, of the Company (“Company Common Stock”), together with cash in lieu of fractional shares of Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1651562/000114036126020399/0001140361-26-020399-index.htm

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