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.

Read more: Coursera IPO: Five things to know about the online-education company

Underwriters, led by Morgan Stanley 

 and Goldman Sachs 
 have access to about 2.4 million additional shares in case of overallotments.

Trading is expected to begin Wednesday on the New York Stock Exchange under the ticker

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