Coursera set to roughly double its private valuation in impending IPO

Coursera set to roughly double its private valuation in impending IPO

3 years ago
Anonymous $hYN7Hy7o7J

https://techcrunch.com/2021/03/22/coursera-set-to-roughly-double-its-private-valuation-in-impending-ipo/

In a new S-1/A filing, Coursera set an initial IPO price range between $30 and $33 a share, signaling the market views its edtech business warmly ahead of its impending public offering.

Coursera will have 130,271,466 shares outstanding after its IPO, or 132,630,966 including its underwriters’ option. At $30 per share, the low end of the company’s IPO range and a share count inclusive of 2,359,500 shares reserved for its underwriting banks, the firm would be worth $3.98 billion. That number rises to $4.38 billion at $33 per share.