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.
Coursera and Udemy have agreed to a proposed business combination, as described in an email from Coursera’s Enterprise General Manager to channel partners. The message explains that Coursera has entered into a definitive agreement to combine with Udemy, subject to customary closing conditions and required regulatory approvals. It highlights that the two companies see their strengths as highly complementary and expect the combined business to expand content offerings and platform innovations to better support organizations’ talent transformation goals. The note acknowledges partners may have questions about how this affects existing relationships and commits to follow-up meetings to provide more detail. Extensive cautionary language stresses that expected benefits, synergies and outcomes are forward-looking and subject to significant risks and uncertainties, including regulatory clearance, integration challenges and potential business disruption, and directs investors to future SEC filings for full information about the transaction.
Coursera and Udemy describe a proposed business combination and related legal disclosures. The communication explains that many statements about expected timing, benefits, synergies and future financial condition of the combined company are forward-looking and subject to significant risks and uncertainties, including market conditions, competition, online learning and AI-related risks, regulatory approvals, integration challenges and potential legal proceedings.
It emphasizes that actual outcomes may differ materially and that neither company is obligated to update these statements except as required by law. The message clarifies that it is not an offer to buy or sell securities or a solicitation of votes. Coursera plans to file a Form S-4 registration statement with a joint proxy statement/prospectus, and investors are urged to read that document and related SEC filings carefully when available, as they will contain important information about the combination and the interests of directors and executive officers of both companies.
Coursera and Udemy describe legal notices tied to their proposed business combination. The companies emphasize that statements about expected timing, potential benefits and synergies, and the future financial outlook of the combined business are forward-looking and subject to substantial risks and uncertainties.
They highlight risk factors such as overall economic and competitive conditions, challenges specific to online learning and AI initiatives, potential disruption from the merger announcement, difficulties retaining key employees and customers, regulatory approvals, integration execution, legal proceedings and costs, and fluctuations in Coursera’s and Udemy’s stock prices.
The communication clarifies it is not an offer to buy or sell securities or a solicitation of votes. Coursera plans to file a Form S-4 registration statement with a joint proxy statement/prospectus, and investors are urged to read that document and related SEC filings carefully when available to understand the details of the proposed combination and the interests of directors and executive officers involved in the proxy solicitation.
Coursera and Udemy describe a proposed business combination and related legal disclosures. The communication emphasizes that statements about the timing, benefits and potential synergies of the transaction are forward-looking and subject to significant risks and uncertainties, including market conditions, competition, AI-related risks and integration challenges. It notes that the deal depends on regulatory approvals, satisfaction of closing conditions and successful integration of the two companies’ operations under public benefit corporation and B Corp standards. The companies explain that this message is not an offer to buy or sell securities or a solicitation of votes, and that full details will be provided in a planned Form S-4 registration statement and joint proxy statement/prospectus to be filed with the SEC. Investors are encouraged to read those materials carefully when available.
Coursera and Udemy describe a proposed business combination and emphasize that statements about expected timing, benefits and synergies are forward-looking and subject to significant risks and uncertainties. They highlight potential impacts from economic conditions, competition, online learning trends, AI-related risks and challenges tied to announcing and integrating the combination, including retaining employees, maintaining customer and vendor relationships, and meeting public benefit and B Corp standards.
The communication clarifies that it is not an offer or solicitation to buy or sell securities or to solicit votes. Coursera plans to file a Form S-4 registration statement with the SEC that will include a joint proxy statement/prospectus for Coursera and Udemy stockholders, who are urged to read these documents carefully when available, as they will contain important information about the transaction and the interests of directors and executive officers participating in the proxy solicitation.
Udemy, Inc. and Coursera, Inc. have signed a merger agreement and outlined how they plan to bring the two online learning platforms together. The companies describe a three-phase process: announcement and near-term employee communications, several months of integration planning before close, and detailed integration execution after the merger is completed.
During the pre-closing period, Udemy and Coursera will operate as separate companies with no changes to employees’ roles or how they work, while an integration team drawn from both organizations plans areas such as organizational structure, platform integration, policies, financials and operations. Externally, they expect to file a joint proxy statement and registration statement on Form S-4, hold shareholder meetings to vote on the merger, and aim to close the transaction by the second half of 2026, subject to shareholder approvals, regulatory approvals and other customary conditions.
Udemy has announced a proposed business combination with Coursera to create a leading AI-powered technology platform for skills discovery, development and mastery. The companies say combining Udemy’s instructor marketplace with Coursera’s university and industry partners is expected to broaden learning options, personalized paths and industry-recognized assessments and certifications for users.
The transaction is expected to close by the second half of 2026, subject to required regulatory approvals, approval by both companies’ stockholders and other customary conditions. Until the deal is completed, learners are told they can continue using Udemy as they do today, with new features and expanded offerings to be shared after closing.
Udemy outlines a proposed business combination with Coursera and explains the related legal and regulatory process. The communication emphasizes that many statements are forward-looking and subject to significant risks, ranging from competitive and AI-related uncertainties to integration, regulatory approval, and potential legal proceedings tied to the transaction. It clarifies that this is not an offer to buy or sell securities and that any securities offering would be made only via a proper prospectus. Udemy and Coursera plan to file a registration statement on Form S-4 with a joint proxy statement/prospectus, which will be mailed to stockholders, and investors are urged to read those materials carefully when available.
Coursera has agreed to acquire Udemy in an all‑stock merger, with each share of Udemy common stock converting into the right to receive 0.800 shares of Coursera common stock, subject to customary conditions and possible restructuring into a two-step merger. Udemy will become a wholly owned subsidiary of Coursera.
After closing, the combined company’s board will have nine directors, including six current Coursera directors and three current Udemy directors, while Coursera’s chairman and CEO remain in place. The deal requires approvals from Udemy and Coursera stockholders, clearance under the Hart‑Scott‑Rodino Act and other regulatory approvals, NYSE listing of the new Coursera shares, and effectiveness of a Form S‑4 registration statement. Both sides agreed to reciprocal $40.5 million termination fees in certain circumstances and $8.0 million expense reimbursements if stockholder approvals are not obtained. Voting agreements lock in support from Udemy holders owning about 26% of Udemy shares and Coursera holders owning about 12% of Coursera shares.
Udemy has agreed to combine with Coursera in a planned business combination that aims to create a leading global platform for skills-based learning. Udemy highlights that its marketplace and instructors have already reached more than 82 million learners, and says the combined company would pair its professional skills courses, labs, AI role plays and assessments with Coursera’s branded university and industry content, certifications and assessments.
Udemy says instructors could gain access to Coursera’s consumer base of over 191 million registered learners and more ways to participate in subscription and enterprise, government and university offerings. The transaction is expected to close by the second half of 2026, subject to regulatory approvals, approval by Udemy and Coursera stockholders, and other customary closing conditions. Coursera plans to file a Form S-4 registration statement with a joint proxy statement/prospectus, and both companies emphasize the risks and uncertainties described in their SEC filings.