SCHEDULE 13G/A: Baillie Gifford Amends Coursera Stake Filing, Correcting Key Event Date

Baillie Gifford & Co. has filed an Amendment No. 6 to its Schedule 13G for Coursera, Inc., primarily to correct a typographical error in the 'Date of Event Which Requires Filing of this Statement' from a previous filing.

Summary

• Baillie Gifford & Co. filed Amendment No. 6 to its Schedule 13G regarding its beneficial ownership in Coursera, Inc.
• The primary purpose of this amendment is to correct a typographical error in the 'Date of Event Which Requires Filing of this Statement' that was previously reported on the cover page of Amendment No. 5, filed on December 5, 2024.
• The corrected 'Date of Event Which Requires Filing of this Statement' is November 29, 2024.
• Baillie Gifford & Co. beneficially owns an aggregate of 9,123,294 shares of Coursera, Inc. Common Stock.
• This ownership represents 5.76% of the class of securities.
• The firm holds sole voting power over 6,762,027 shares and sole dispositive power over 9,123,294 shares.
• Baillie Gifford & Co. is classified as an Investment Adviser and certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a routine regulatory filing primarily focused on correcting a typographical error in a previous submission, with no new material information regarding the company's performance or strategic direction.

Positives

• The filing demonstrates transparency and adherence to regulatory requirements by correcting a previously reported error.
• Baillie Gifford & Co. maintains a significant beneficial ownership stake of 5.76% in Coursera, Inc., indicating continued institutional confidence.

Negatives

• The need for an amendment to correct a typographical error suggests a minor administrative oversight in previous filings.

Risks

• No specific risks related to Coursera, Inc.'s operations or financial health are disclosed in this Schedule 13G filing, as it pertains solely to beneficial ownership reporting.

Future Outlook

This document does not contain any forward-looking statements or guidance regarding Coursera, Inc.'s future performance or outlook, as it is a regulatory filing focused on beneficial ownership reporting.

Industry Context

This filing is a routine disclosure by a major institutional investor, Baillie Gifford & Co., regarding its passive ownership stake in Coursera, Inc., an online learning platform. Such filings are standard practice for investment firms holding more than 5% of a public company's shares, reflecting their portfolio positions rather than operational or strategic changes within the issuer's industry.

Stakeholder Impact

• Shareholders: Provides updated, accurate information regarding a significant institutional holder's stake, ensuring transparency in ownership disclosures.
• Regulatory Authorities: Fulfills SEC reporting requirements, demonstrating compliance with securities laws.

Key Dates

Keywords

Coursera, Baillie Gifford & Co., Schedule 13G, SEC filing, beneficial ownership, common stock, investment adviser, regulatory compliance