Udemy Receives Early HSR Act Termination for Coursera Merger
UDMY is trading near its 52-week low of $4.35 (8.0% above the low).
Summary
Udemy, Inc. announced that the U.S. Federal Trade Commission granted early termination of the Hart-Scott-Rodino waiting period for its all-stock merger with Coursera, Inc., moving the transaction closer to completion.
Key Events · M&A and Partnerships · UDMY
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HSR Act Waiting Period Terminated
The U.S. Federal Trade Commission granted early termination of the Hart-Scott-Rodino Antitrust Improvements Act of 1976 waiting period, effective February 9, 2026.
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Merger Progress
This marks a significant step towards the completion of the all-stock merger with Coursera, Inc., which was initially announced on January 13, 2026.
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Remaining Conditions
The merger remains subject to other customary closing conditions, including additional regulatory approvals and requisite stockholder approvals from both Udemy and Coursera.
Analysis · UDMY · Trade & Services
This filing indicates a significant step forward in the proposed all-stock merger between Udemy and Coursera, which was initially announced on January 13, 2026. The early termination of the HSR Act waiting period removes a key regulatory hurdle, reducing uncertainty and de-risking the transaction. While other customary closing conditions, including stockholder approvals, still remain, this development signals positive progress towards the completion of the combination.
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.