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.
Underwriters, led by Morgan Stanley $(MS)$ and Goldman Sachs $(GS)$, 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 $(COUR)$.
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