Participants:
Greg Hart, Coursera’s chief executive officer
Hugo Sarrazin, Udemy’s chief executive officer
Mike Foley, Coursera’s chief financial officer
Coursera, Inc. (NYSE: COUR) and Udemy, Inc. (NASDAQ: UDMY) announced that they have entered into a definitive merger agreement under which Coursera will combine with Udemy in an all-stock transaction. A joint conference call to discuss this announcement will take place on Wednesday, December 17th at 5:00 AM PT / 8:00 PM ET and the webcast can be accessed here. For those unable to listen live, a replay will be available until closing of the transaction.
Disclaimer
The discussion may contain forward-looking statements regarding the proposed transaction, including expected timing, benefits, and financial impact. Such statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties. Actual developments may vary due to a number of risks and uncertainties. Please refer to the Safe Harbor language in our press release and both companies’ SEC filings for a full discussion. We undertake no obligation to update these statements.