Short answer
Coursera, Inc. (COUR) filed an 8-K current report with the SEC on May 11, 2026 reporting Item 2.01 (Completion of Acquisition or Disposition of Assets), Item 5.02 (Departure/Election of Directors or Officers), Item 5.03 (Amendments to Articles of Incorporation or Bylaws), Item 8.01 (Other Events). Coursera completed its acquisition of Udemy on May 11, 2026, making Udemy a wholly owned subsidiary.
Coursera, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.01 · Completion of Acquisition or Disposition of Assets
- Coursera completed its acquisition of Udemy on May 11, 2026, making Udemy a wholly owned subsidiary
- Udemy shareholders received 0.800 Coursera shares per Udemy share, plus cash for fractional shares
- Transaction valued Coursera shares at $4.78 average closing price before closing
- Udemy equity awards converted into Coursera awards, while out-of-the-money options and SARs were cancelled without consideration
Item 5.02 · Departure/Election of Directors or Officers
- Udemy Director Designees Abbasi, Maco and Paterson elected to Coursera’s Board
- New directors entering standard indemnification agreements with Coursera
- Eligible for non-employee director compensation, including annual cash retainers and RSU awards
- Director appointments may strengthen governance alignment following Coursera’s combination with Udemy
Item 5.03 · Amendments to Articles of Incorporation or Bylaws
- Authorized common shares doubled from 300 million to 600 million
- Stockholders approved the amendment at a special meeting on April 9, 2026
- Amendment effective May 11, 2026, before the transaction’s Effective Time
- Expanded share capacity enables future equity issuance, potentially creating dilution risk
Item 8.01 · Other Events
- Coursera completed the previously announced merger on May 11, 2026
- Completion marks the transaction’s closing and may shift Coursera’s ownership, strategy, and financial reporting
- Merger terms and shareholder implications are detailed in Exhibit 99.1
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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