Tuesday 30 March 2021

IPO Report: Coursera prices IPO at $33 a share, for valuation of $4.3 billion

Coursera Inc. priced its initial public offering at $33 a share late Tuesday, at the high end of its target range, raising about $520 million and valuing the company around $4.3 billion.

The online-education company said it will offer 14.7 million shares of common stock, and that stockholders will sell an additional 1.06 million shares. Coursera had previously set its price range between $30 and $33 a share.

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March 31, 2021 at 02:55PM
Mike Murphy
http://www.marketwatch.com/news/story.asp?guid=%7B21005575-02D4-D4B5-4572-D34C80E63227%7D&siteid=rss&rss=1

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