Udemy Completes Merger with Coursera, Delists from Nasdaq
Summary
Udemy, Inc. has completed its all-stock merger with Coursera, Inc., becoming a wholly-owned subsidiary, and its common stock has been delisted from Nasdaq.
Key Events
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Merger Consummated
Udemy, Inc. has completed its all-stock merger with Coursera, Inc., with Udemy becoming a direct wholly-owned subsidiary of Coursera.
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Stock Delisted
Trading of Udemy common stock on Nasdaq has been suspended, and the company has requested delisting and deregistration of its shares.
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Share Conversion
Each share of Udemy common stock was converted into the right to receive 0.800 shares of Coursera common stock.
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Board Dissolved
All members of Udemy's board of directors ceased their positions upon the merger's completion.
Analysis
This 8-K announces the definitive closing of the all-stock merger with Coursera, Inc., a major corporate event that fundamentally alters Udemy's status as an independent public company. Existing Udemy shareholders will now hold Coursera stock, and Udemy's shares are being delisted from Nasdaq, marking the end of its public trading. This is the final step in a process that has been unfolding since the merger agreement was announced in December 2025.
At the time of this filing, UDMY was trading at $4.63 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $675.7M. The 52-week trading range was $4.02 to $8.09. This filing was assessed with negative market sentiment and an importance score of 10 out of 10.