On October 18, we sold all of Coursera stock futures in UTEX users’ accounts at $32.78 – the price Coursera (COUR) opened at on the New York Stock Exchange. The funds have already been deposited into the holders' dollar accounts. The futures ticker has been removed from the interface of the exchange.
We remind you that pre-IPO futures contracts on the UTEX exchange expire 200 days after the company's IPO. Upon expiration, all futures are automatically sold at the price of the shares (the underlying asset of the futures) at the beginning of trading on that day.
Go to our blog to learn more on how pre-IPO futures work.