Davis Polk advised the representatives of the several underwriters in connection with the $519.1 million initial public offering of 15,730,000 shares of common stock of Coursera, Inc., of which 14,664,776 shares were issued and sold by Coursera and 1,065,224 shares were sold by the selling stockholders. Coursera’s common stock is listed on the New York Stock Exchange under the symbol “COUR.”
Coursera was launched in 2012 with a mission to provide universal access to world-class learning. It is now one of the largest online learning platforms in the world.
The Davis Polk corporate team included partner Alan F. Denenberg and associates Tierney O’Rourke and Sherry Tan. Partner Frank J. Azzopardi and associate S. Dream Montgomery provided intellectual property advice. The tax team included counsel Kiara L. Rankin and associate Brady Plastaras. Partner Adam Kaminsky and associate John G. Curran provided executive compensation and benefits advice. Counsel Marcie A. Goldstein provided FINRA advice. Members of the Davis Polk team are based in the Northern California, New York and Washington DC offices.