Coursera10-Q: Litigation materialApr 30, 2026

Coursera faces a $40.5M termination fee and integration risks with its pending Udemy merger.

What happened

The pending merger with competitor Udemy, approved by stockholders in April 2026, introduces significant integration complexity and financial risk, including a $40.5M termination fee. This creates a need for legal, financial advisory, and IT integration services to manage the complex transaction.

Source

SEC EDGARApr 30, 2026

Quarterly report (Form 10-Q)

Coursera 10-Q

Filing excerpt

On December 17, 2025, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) to combine with Udemy, Inc. (“Udemy”)...

sec.gov/Archives/edgar/data/1651562/000165156226000030/cour-20260331.htmRead the full source

Other signals in this filing (7)

Acquisition announcedCoursera's merger with competitor Udemy approved by shareholders in April 2026.Acquisition announcedApr 30, 2026
RestructuringCoursera to merge with Udemy in all-stock deal, pending regulatory approval.RestructuringApr 30, 2026
Acquisition announcedCoursera flags significant difficulties in integrating Udemy's platforms, policies, and personnel.Acquisition announcedApr 30, 2026
Acquisition announcedCoursera faces a potential $40.5M termination fee for the Udemy merger.Acquisition announcedApr 30, 2026
RestructuringCoursera flags significant integration difficulties and potential employee loss from Udemy merger.RestructuringApr 30, 2026
Software implementationCoursera increased spending on internal-use software by 55% YoY to $5.6M in Q1 2026.Software implementationApr 30, 2026
Compliance burdenCoursera faces risk to its B Corp status from a new, more difficult certification framework.Compliance burdenApr 30, 2026

Extracted by Autobound

From the Signal API record

Signal: 10-Q: Litigation material

What this signalsFilings often name leadership changes, deals and spending plans.

Fiscal year end: 03/31
Filed: Apr 30, 2026

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SEC 10-QScholastic CorporationCore school channels decline with fewer book fairs and lower club participation.SEC 10-QSep 25, 2026

The full record

From the Signal API record

Numbers

Dollar figure: $40.5M (Potential merger termination fee payable to Udemy)

Details

CIK: 1651562
Accession number: 0001651562-26-000030
Filing year: 2026
Fiscal year: 0
Why it matters: Legal tech opportunity
Signal category: Risk

Topics and mentions

Competitors

Udemy

Extraction

Confidence: High
Relevance: 90%
Sentiment: Negative
Detected: May 5, 2026
signal_type: sec-10q
signal_subtype: litigationMaterial

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This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

linkedin_urlValue in the API
industriesValue in the API
employee_count_lowValue in the API
employee_count_highValue in the API
revenueValue in the API
descriptionValue in the API

Signal

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GET /v1/signals/0e08fde3-ad05-458c-ae6f-0a107757f591 returns this record as JSON. POST /v1/companies/enrich returns every signal for coursera.org.

{
  "signal_id": "0e08fde3-ad05-458c-ae6f-0a107757f591",
  "signal_type": "sec-10q",
  "signal_subtype": "litigationMaterial",
  "detected_at": "2026-05-05T08:48:22.411+00:00",
  "company": {
    "name": "Coursera",
    "domain": "coursera.org"
  },
  "data": {
    "detail": "The pending merger with competitor Udemy, approved by stockholders in April 2026, introduces significant integration complexity and financial risk, including a $40.5M termination fee. This creates a need for legal, financial advisory, and IT integration services to manage the complex transaction.",
    "metrics": {
      "dollar_context": "Potential merger termination fee payable to Udemy",
      "dollar_millions": 40.5
    },
    "summary": "Coursera faces a $40.5M termination fee and integration risks with its pending Udemy merger.",
    "excerpts": "On December 17, 2025, we entered into an Agreement and Plan of Merger (the “Merger Agreement”) to combine with Udemy, Inc. (“Udemy”)...",
    "relevance": 0.9,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1651562/000165156226000030/cour-20260331.htm",
    "filing_date": "2026-04-30",
    "filing_year": 2026,
    "fiscal_year": 0,
    "fiscal_year_end": "03/31",
    "sales_relevance": "Legal tech opportunity",
    "signal_category": "risk",
    "competitors_mentioned": [
      "Udemy"
    ]
  }
}

curl https://signals.autobound.ai/v1/signals/0e08fde3-ad05-458c-ae6f-0a107757f591 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"coursera.org","limit":20}'

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