STOCK RADAR
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UDMYNasdaq Trader

Udemy, Inc. merger closes with trading suspension set for May 12, 2026

Strategic TransactionvolatileImpact80

UDMY Price

Stored market data
$4.63$0.00 (0.00%)
$4.68$4.63$4.58Previous close8:00 PMVolume
Previous close $4.63Latest volume 0

Why It Matters

Current Udemy holders no longer hold UDMY stock, now hold COUR equity and face dilution, fractional-share treatment, and post-merger trading/volatility risks.

Summary

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Udemy shareholders approved and closed a merger into Coursera; trading in UDMY ceased (last trade May 8) and suspension effective May 12. Each Udemy share converts into 0.8 shares of Coursera, meaning Udemy holders become Coursera shareholders and Coursera’s outstanding share count will rise materially.

Score80

Score Rationale

volatile

Merger converts UDMY into 0.8 COUR, halts UDMY and increases COUR share count materially.

Bullish

  • Udemy holders gain exposure to a larger combined company and to Coursera liquidity.
  • If merger synergies succeed, combined company could support higher enterprise value.

Bearish

  • Coursera share count increases by ~117,025,196 shares, diluting existing COUR holders materially.
  • Udemy holders now subject to Coursera integration risk and post-merger volatility.
  • Possible cash-in-lieu for fractional shares may reduce proceeds for small holders.

Key Evidence

  • Shareholders approved merger at special meeting on April 9, 2026.
  • Merger closed prior to market open on May 11, 2026.
  • Last trading date for UDMY: May 8, 2026; suspension effective May 12, 2026.
  • Merger consideration: 0.8 of a share of Coursera, Inc. common stock for each Udemy share.

What To Watch Next

  1. Final Coursera share issuance and updated total shares outstanding.
  2. Treatment and cash-in-lieu policy for fractional shares.
  3. Tax basis and taxable event guidance for holders.
  4. Short-term trading behavior and liquidity in COUR after issuance.
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Education & Training Services Market Context

SectorConsumer Defensive+1.09%
IndustryEducation & Training Services
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Original Article

At a special meeting held on April 9, 2026, the shareholders of Udemy, Inc. (UDMY) approved the proposed merger with Coursera Inc (COUR). The merger closed prior to the market open today, May 11, 2026. In anticipation of the closing, the stock was halted immediately following the after-hours session at or around 7:50 p.m. on May 8, 2026. The stock will remain halted on the day of closing (May 11th) and will be suspended effective on May 12, 2026. The suspension details are as follows:

Company Name/Issue: Udemy, Inc. Common Stock
CUSIP#: 902685106
Symbol: UDMY
Last Trading Date: May 8, 2026
Marketplace Effective Date for Suspension: May 12, 2026
Merger Consideration: .8 of a share of Coursera, Inc. Common Stock (COUR) for each share held.