Coursera Board Adopts One-Year Stockholder Rights Plan
- Coursera's board unanimously adopted a limited-duration stockholder rights plan, effective immediately.
- The move responds to a stockholder's accumulation of approximately 14.7% of outstanding common stock.
- One right per outstanding common share will be distributed November 19, 2026; the plan generally triggers at 15% beneficial ownership.
- Eligible rights holders could buy common stock at a 50% discount or receive one common share per right through an exchange.
- The rights expire November 7, 2027, unless the board terminates the plan earlier.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coursera Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261109821404) on November 09, 2026, and is solely responsible for the information contained therein.