Aurora Cannabis Inc. Announces Closing Of Its C$38.8 Million Bought Deal Financing, Including The Full Exercise Of The Over-Allotment Option
Amount Raised
C$38.8 Million
Round Type
Funding Round
EdmontonManufacturingBiotechnologyAgriculture and FarmingHealth CareMedicalCannabisInvestors
Description
Aurora Cannabis Inc. ("Aurora" or the "Company") (NASDAQ: ACB) (TSX: ACB), the Canadian company opening the world to cannabis, today announced the closing of its previously announced bought deal offering of 53,187,500 common shares of the Company (the "Offered Securities") at a price of C$0.73 per Offered Security (the "Offering Price"), for aggregate gross proceeds to Aurora of approximately C$38,826,875 (the "Offering"). The gross proceeds include the full exercise of the over-allotment option by Canaccord Genuity to purchase 6,937,500 additional common shares of the Company on the same terms as the Offering.
Quick answer
Aurora Cannabis raised C$38.8 Million in a Funding Round round, dated October 3, 2023. Investors: Base Shelf Prospectus, Canaccord Genuity Corp. and Canaccord Genuity. Aurora Cannabis is based in Edmonton, Alberta, Canada.
- How much did Aurora Cannabis raise?
- Aurora Cannabis raised C$38.8 Million in a Funding Round round on October 3, 2023.
- Who invested in Aurora Cannabis?
- Base Shelf Prospectus, Canaccord Genuity Corp. and Canaccord Genuity are named as investors in this round.
- Where is Aurora Cannabis based and how big is it?
- Aurora Cannabis is based in Edmonton, Alberta, Canada.
- Who are the decision-makers at Aurora Cannabis?
- Fundz holds 3 contacts at Aurora Cannabis, including the Director of Human Resources. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Medical around the same time
Companies in the same sectors as Aurora Cannabis that raised within 45 days of this round, from Fundz verified event records.
- Route 92 Medical raised $31M (Series F) on November 16, 2023.
- Route 92 Medical raised $31M on November 15, 2023.
- SURGLASSES raised $6.5M (Funding Round) on November 9, 2023.
- Planatome raised $6M on October 25, 2023.
- VitaTek raised an undisclosed amount (Series A) on October 22, 2023.
- OssDsign raised $16M (Funding Round) on September 27, 2023.
Who to call at Aurora Cannabis, and when
A new round usually means Aurora Cannabis is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Aurora Cannabis raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Aurora Cannabis, from your own LinkedIn network
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Related People
Aurora Cannabis raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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