Amount Raised
$125 Million
Round Type
Funding Round
EdmontonManufacturingBiotechnologyAgriculture and FarmingHealth CareMedicalCannabisDescription
Aurora Cannabis Inc. ("Aurora" or the "Company") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, today has announced today that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity and BMO Capital Markets, under which the underwriters have agreed to buy on bought deal basis 51.1 million units of the Company (the "Units"), at a price of US$2.45 per Unit for gross proceeds of approximately US$125.2 million (the "Offering"). Each Unit will be comprised of one common share of the Company (a "Common Share") and one common share purchase warrant of the Company (a "Warrant"). Each Warrant will be exercisable to acquire one common share of the Company (a "Warrant Share") for a period of 36 months following the closing date of the Offering at an exercise price of US$3.20 per Warrant Share, subject to adjustment in certain events.
Quick answer
Aurora Cannabis raised $125 Million in a Funding Round round, dated May 26, 2022. Aurora Cannabis is based in Edmonton, Alberta, Canada.
- How much did Aurora Cannabis raise?
- Aurora Cannabis raised $125 Million in a Funding Round round on May 26, 2022.
- 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.
- 22nd Century raised $58M on May 25, 2022.
- Treace raised $150M (Debt Financing) on May 2, 2022.
- ENDRA Life Sciences raised $8.7M (Post-IPO Equity) on April 21, 2022.
- Candesant Biomedical, Inc. raised $35M on April 12, 2022.
- Sanara MedTech raised $16M on July 1, 2022.
- Faeth Therapeutics raised $47M (Funding Round) on June 30, 2022.
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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