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IPO Report: Coursera prices IPO at $33 a share, for valuation of $4.3 billion

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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 
MS,
+1.55%

 and Goldman Sachs 
GS,
+1.93%
,
 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
COUR,
+56.25%
.

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