Welcome to our dedicated page for Udemy SEC filings (Ticker: UDMY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Udemy, Inc. filings document the company’s transition from a Nasdaq-listed online learning platform to a wholly owned subsidiary of Coursera after the completed merger. The record includes Form 8-K disclosure of the merger closing, termination of a secured revolving credit facility, and related capital-structure changes, as well as a Form 25 notification covering removal of Udemy common stock from Nasdaq listing and Section 12(b) registration.
Earlier filings cover operating and financial results, material agreements, shareholder voting matters, governance, risk factors, and capital-structure disclosures for Udemy’s enterprise and consumer learning businesses.
Udemy provided employees an update on its proposed business combination with Coursera. The companies have received early termination of the waiting period under the U.S. Hart-Scott-Rodino antitrust law, meaning the U.S. premerger competition review is complete, which is a significant regulatory milestone for the deal.
Udemy explains that antitrust filings in other countries are still under review and both companies are preparing a joint proxy/registration statement on Form S-4 for the SEC. After this is filed and cleared, shareholders of both companies will be asked to vote to approve the transaction, along with satisfying other customary closing conditions before the merger can be completed.
Udemy, Inc. reports that the U.S. Federal Trade Commission granted early termination of the Hart-Scott-Rodino antitrust waiting period for its proposed all-stock merger with Coursera, Inc., effective February 9, 2026 at 4:29 p.m. Eastern Time.
The merger, first agreed on December 17, 2025, would combine the two online learning companies in a stock-for-stock transaction. Closing still depends on other customary regulatory approvals and on obtaining the required stockholder approvals from both Udemy and Coursera.
Udemy, Inc. reports that the U.S. Federal Trade Commission granted early termination of the Hart-Scott-Rodino antitrust waiting period for its proposed all-stock merger with Coursera, Inc., effective February 9, 2026 at 4:29 p.m. Eastern Time.
The merger, first announced in a December 17, 2025 Merger Agreement, remains subject to other customary closing conditions, including additional required regulatory approvals and approval by the stockholders of both Udemy and Coursera.
Coursera and Udemy are moving forward with a proposed merger they say will reshape their online learning businesses. Leadership describes the deal as combining two complementary platforms to invest, innovate, and execute at greater scale. Pro forma revenue is expected to be roughly $1.5 billion, with the combined company about half consumer and half enterprise.
Coursera ended the year with about $793 million of unrestricted cash and no debt, and is planning a sizable share repurchase program after the Udemy transaction closes. Management expects annual run-rate cost synergies of $115 million within 24 months of closing, with most achieved in the first year, mainly from go-to-market and G&A efficiencies. The companies are progressing through regulatory and shareholder approvals, with timing guided to the second half of the year but with a wide potential range.
Udemy, Inc. filed a current report to note that it has released its financial results for the three- and twelve-month periods ended December 31, 2025. The company furnished a press release as an exhibit, making the detailed quarterly and full-year figures available outside this report. The information is furnished rather than filed, which limits how it is incorporated into other securities law documents.
Udemy shares an update with its instructor community about the planned combination with Coursera, emphasizing that the Udemy brand will continue and is not being retired. The message stresses that Udemy’s open marketplace of expert-led courses remains a foundational part of the future combined company, describing it as a highly effective model for creating relevant, high-quality content from practitioners worldwide.
The communication frames the transaction as part of a broader vision to build a comprehensive learning ecosystem that connects university faculty, industry partners, and practitioner-instructors to serve different learner needs. Udemy notes that integration planning has begun, but actual integration will not start until the transaction closes, and that until then it is business as usual and Udemy continues to operate as a separate company. The company also highlights legal limits on what can be shared before closing but reiterates that both the Udemy brand and open marketplace are critical to the future combined organization.
Udemy, Inc. Chief Financial Officer Sarah Blanchard reported an automatic share withholding related to equity compensation. On 01/15/2026, 10,747 shares of Udemy common stock were withheld by the company at $5.19 per share to cover tax obligations arising from the vesting and settlement of restricted stock units and/or performance stock units, and no shares were sold in the market. After this withholding, she directly beneficially owns 1,208,076 shares of Udemy common stock.
Coursera has entered into a definitive agreement to combine with Udemy in an all-stock transaction, subject to customary closing conditions. The planned merger aims to create a leading global skills and online learning platform by bringing together the companies’ complementary strengths in serving learners, enterprises, and expert instructors. Coursera CEO Greg Hart will lead the combined company, and Coursera co‑founder Andrew Ng will remain Chairman of the Board. Both companies highlight the role of AI in reshaping the skills economy and position the transaction as a way to accelerate innovation and expand global reach. The combination is not yet closed and will proceed only after regulatory reviews, stockholder approvals, and other conditions are satisfied, with detailed information to be provided in a Form S‑4 registration statement and joint proxy statement/prospectus.
Udemy, Inc. has agreed to be acquired by Coursera, Inc. in an all-stock merger. Each share of Udemy common stock will be converted into the right to receive 0.800 shares of Coursera common stock, with cash paid instead of any fractional Coursera shares. Udemy will become a wholly owned subsidiary of Coursera, and the companies intend for the transaction to qualify as a tax-free reorganization under U.S. tax law.
Udemy equity awards will roll into Coursera equity, largely preserving existing vesting terms, while certain director awards vest at closing. After closing, Coursera’s board will have nine members, including three Udemy directors. The deal is subject to shareholder approvals at both companies, NYSE listing of new Coursera shares, effectiveness of a Form S‑4 registration statement, and antitrust and other regulatory clearances. Either side may owe a $40.5 million termination fee in specified break scenarios, and an $8.0 million expense reimbursement applies if required shareholder approvals are not obtained. Voting agreements cover roughly 12% of Coursera shares and 26% of Udemy shares in support of the transaction.
Udemy, Inc. has agreed to merge with Coursera, Inc. in an all‑stock transaction. Each share of Udemy common stock will be converted at closing into the right to receive 0.800 shares of Coursera common stock, with cash paid instead of any fractional Coursera shares. After the merger, Udemy will become a wholly owned subsidiary of Coursera.
Udemy’s board unanimously determined the merger is fair and in the best interests of stockholders and is recommending that stockholders vote to adopt the merger agreement. Udemy equity awards will be converted into Coursera-based awards using the same 0.800 exchange ratio, generally preserving existing vesting and other key terms.
Upon closing, Coursera’s board will have nine directors, including three current Udemy directors. The agreement includes customary closing conditions, regulatory approvals and termination rights, plus reciprocal $40.5 million termination fees and $8.0 million expense reimbursements in specified circumstances. Voting agreements cover holders of about 12% of Coursera and 26% of Udemy outstanding shares in support of the deal.