Coursera shareholder raises stake to approximately 14.7%
COUR•Coursera adopted a stockholder rights plan after a shareholder increased its stake to approximately 14.7%. The plan generally triggers at 15% ownership, lets other shareholders buy shares at a 50% discount, and expires November 7, 2027, unless the board ends it earlier.
1. Rights plan adopted
Coursera adopted a stockholder rights plan in response to a shareholder increasing its stake to approximately 14.7%. The plan generally triggers at 15% ownership, allowing other shareholders to buy shares at a 50% discount. Rights expire November 7, 2027, unless terminated earlier by the board.
