Udemy and Coursera Merger Receives Early HSR Antitrust Approval
UDMY is trading near its 52-week low of $4.35 (8.0% above the low).
Summary
Udemy announced that its proposed all-stock merger with Coursera received early termination of the HSR antitrust waiting period, clearing a major regulatory hurdle for the transaction.
Key Events · M&A and Partnerships · UDMY
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HSR Act Waiting Period Terminated
The U.S. Federal Trade Commission (FTC) granted early termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act for the proposed merger with Coursera, effective February 9, 2026.
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Major Regulatory Hurdle Cleared
This approval removes a significant antitrust condition, de-risking the all-stock merger transaction that was initially announced on January 13, 2026.
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Merger Progresses Towards Completion
The completion of the merger remains subject to other customary closing conditions, including additional regulatory approvals and stockholder votes from both Udemy and Coursera.
Analysis · UDMY · Trade & Services
This 8-K filing announces that the U.S. Federal Trade Commission (FTC) has granted early termination of the waiting period under the Hart-Scott-Rodino (HSR) Act for the proposed all-stock merger between Udemy and Coursera. This is a significant positive development, as HSR approval is a critical regulatory condition for the merger to proceed, effectively removing a major antitrust hurdle. The early termination indicates that the FTC does not foresee significant competitive concerns, de-risking the transaction. While other customary closing conditions, including stockholder approvals, still remain, this marks a substantial step forward towards the completion of the merger, which was initially announced on January 13, 2026.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 36.4% of the 1059 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, UDMY was trading at $4.70 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $678.9M. The 52-week trading range was $4.35 to $10.61. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.