Aurora Cannabis Inc. Closes Previously Announced Bought Deal Over-Allotment Option Exercised in Full
Strengthened Balance Sheet Eliminates Need to Access the ATM Facility in the Near Future
EDMONTON, AB, June 1, 2022 /CNW/ - 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.