Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

COURSERA, INC.

(COUR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Coursera : Announces Partial Early Lock-up Release

05/06/2021 | 04:57pm EDT

Coursera, Inc. (NYSE: COUR) today announced a partial early lock-up release with respect to Coursera’s common stock, par value $0.00001 per share (the “shares”), pursuant to the terms of the lock-up agreements (“lock-up agreements”) entered into by Coursera’s equityholders, including current executive officers and directors, with the underwriters of Coursera’s initial public offering.

Pursuant to the terms of the lock-up agreements, the lock-up restrictions will end with respect to 25% of the shares (including shares underlying vested RSUs and stock options) owned by the applicable holder as of the date of the lock-up agreement on May 11, 2021, provided that in the case of the lock-up agreements with Coursera’s current executive officers, directors and certain other equityholders, only if certain share price and other conditions are met. The conditions for early release were satisfied on May 4, 2021. Accordingly, Coursera estimates that up to 34.0 million shares will become eligible for sale in the public market at the open of trading on May 11, 2021, subject to applicable restrictions under the Securities Act of 1933, as amended, including Rule 144 and Rule 701.

The lock-up restrictions will continue to apply with respect to all remaining securities subject to the lock-up agreements.

About Coursera

Coursera was launched in 2012 by two Stanford Computer Science professors, Andrew Ng and Daphne Koller, with a mission to provide universal access to world-class learning. It is now one of the largest online learning platforms in the world, with 82 million registered learners as of March 31, 2021. Coursera partners with over 200 leading university and industry partners to offer a broad catalog of content and credentials, including Guided Projects, courses, Specializations, certificates, and bachelor’s and master’s degrees. More than 6,000 institutions have used Coursera to upskill and reskill their employees, citizens, and students, including in high-demand fields such as data science, technology, and business.

Source Code: COUR-IR


© Business Wire 2021
All news about COURSERA, INC.
06/11COURSERA  : RBC Capital Initiates Coursera at Outperform With $50 Price Target
MT
06/11COURSERA  : Multi-Segmented Approach to Give Sustainable Competitive Advantage O..
MT
06/09COURSERA  : Global Skills Report 2021 Finds US Behind in Digital Skills, Ranked ..
BU
05/28COURSERA  : to Participate in Two Investor Conferences in June
BU
05/21COURSERA  : Infosec Institute Brings Award-Winning Cybersecurity Training to Cou..
AQ
05/13COURSERA  : to Participate in the 16th Annual Needham Virtual Technology & Media..
BU
05/11COURSERA  : Management's Discussion and Analysis of Financial Condition and Resu..
AQ
05/07SECTOR UPDATE : Consumer Stocks Getting Late Boost
MT
05/07SECTOR UPDATE : Consumer Discretionary Stocks Climbing While Consumer Staples St..
MT
05/07COURSERA, INC.  : Regulation FD Disclosure, Financial Statements and Exhibits (f..
AQ
More news
Financials (USD)
Sales 2021 377 M - -
Net income 2021 -102 M - -
Net cash 2021 763 M - -
P/E ratio 2021 -48,5x
Yield 2021 -
Capitalization 5 709 M 5 709 M -
EV / Sales 2021 13,1x
EV / Sales 2022 10,7x
Nbr of Employees 779
Free-Float 91,5%
Chart COURSERA, INC.
Duration : Period :
Coursera, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends COURSERA, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 15
Average target price 56,00 $
Last Close Price 42,92 $
Spread / Highest target 39,8%
Spread / Average Target 30,5%
Spread / Lowest Target 16,5%
EPS Revisions
Managers and Directors
NameTitle
Jeffrey Nacey Maggioncalda President, Chief Executive Officer & Director
Kenneth R. Hahn Chief Financial Officer, Treasurer & Senior VP
Andrew Y. Ng Chairman
Louis John Doerr Independent Director
Scott D. Sandell Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
COURSERA, INC.0.00%5 709
TENCENT HOLDINGS LIMITED6.38%735 427
NETFLIX, INC.-9.03%218 110
PROSUS N.V.-4.84%164 106
UBER TECHNOLOGIES, INC.-3.33%92 584
AIRBNB, INC.3.39%92 331