The Seek Group, Laureate Education and BCC-backed online learning platform developer priced its shares at the top of their range.
US-headquartered online education provider Coursera is floating today in a $519m initial public offering representing an exit for corporate investors Seek Group, Laureate Education and Bennett, Coleman & Co (BCC).
The company is issuing nearly 14.7 million shares on the New York Stock Exchange while shareholders are divesting more than 1 million of their shares. They are priced at the top of the IPO’s $30 to $33 range, giving it a market capitalisation of nearly $4.3bn.
Coursera’s online platform offers…
