Aurora Cannabis (ACB) Announces $125M Proposed Public Offering

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Aurora Cannabis Announces Proposed Public Offering

November 10, 2020 5:02 PM EST

EDMONTON, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Aurora Cannabis Inc. (the Company or Aurora) (NYSE | TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today that it will be filing a preliminary prospectus supplement (the Preliminary Supplement) to its short form base shelf prospectus dated October 28, 2020 (the Base Shelf Prospectus) relating to a proposed overnight marketed public offering (the Offering) of units of the Company (the Units) at a price of US$7.50 per Unit for total gross proceeds to the Company of approximately US$125 million.

Each Unit will be... More