---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-321719"
form_type: "8-K"
ticker: "UDMY"
cik: "0001607939"
company_name: "Udemy, Inc."
filed_at: "2025-12-17T23:59:59+00:00"
generated_at: "2026-05-16T12:55:14.198094+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Coursera to acquire Udemy in all-stock merger; implied equity value ~$2.5B

## Summary
- Udemy stockholders receive 0.800 shares of Coursera per share, a 26% premium to 30-day average closing price.
- Pro forma annual revenue exceeds $1.5B; expected cost synergies of $115M annual run-rate within 24 months of closing.
- Combined company named Coursera, trades as COUR on NYSE; Greg Hart to remain CEO.
- Existing Coursera shareholders own ~59%, Udemy ~41% on fully diluted basis; deal expected to close H2 2026.
- Insight Venture Partners, NEA, and Andrew Ng have entered support agreements to vote in favor.

## SEC filing metadata
- accession: 0001193125-25-321719
- form_type: 8-K
- ticker: UDMY
- cik: 0001607939
- company_name: Udemy, Inc.
- filed_at: 2025-12-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1607939/000119312525321719/0001193125-25-321719-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1607939/000119312525321719/d41058d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-321719
- JSON: https://secwatch.observer/filing/0001193125-25-321719.json
- Plain text: https://secwatch.observer/filing/0001193125-25-321719.txt

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