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Aurora Cannabis Inc. Closes Previously Announced Bought Deal Financing

Jun 01, 2022over 3 years ago
Shanghai

Description

Aurora Cannabis Inc. ("Aurora" or the "Company") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, has announced today the closing of its previously announced bought deal offering of units of the Company (the "Units") for gross proceeds of approximately US$172.5 million (the "Offering"). The Company sold approximately 70.4 million Units at a price of US$2.45 per Unit, including approximately 9.2 million Units sold pursuant to the exercise in full of the underwriters' over-allotment option.

Company Information

Company

Aurora

Location

Shanghai, Shanghai, China

About

Other participants in the Series A round include existing investors Lightspeed China Partners and the Hankang Biotech Fund, the company, also known as Aurora, said today.