Your email has been successfully added to our mailing list.

×
-0.00562851782363982 -0.00562851782363982 -0.00562851782363982 -0.00562851782363982 -0.00938086303939959 0.00187617260787988 0.00844277673545965 0.00938086303939959
Stock impact report

Aurora Cannabis agrees to $125 million bought-deal offering [MarketWatch]

Aurora Cannabis Inc. - Common Shares (ACB) 
Company Research Source: MarketWatch
Aurora Cannabis Inc. said late Thursday it has agreed to a $125 million bought-deal syndicated offering, led by BMO Capital Markets and ATB Capital Markets. The underwriters have agreed to buy 12 million units of the company at $10.45 per unit. Each unit is comprised of one common share and one half of one common share purchase warrant, Aurora said. The underwriters have the option to buy an additional 10% of the offering to cover any over-allotments. Aurora said it will use the net proceeds of the offering for general corporate purposes, which "may include opportunistically reducing debt." The offering is part of a "broader strategy to have a strong balance sheet while maintaining maximum flexibility," Aurora said. The deal is expected to close Tuesday, subject to usual conditions, the company said. Shares of Aurora trading on the New York Stock Exchange fell 3.2% to end at $11.17 on Thursday. Show less Read more
Impact Snapshot
Event Time:
ACB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ACB alerts
Opt-in for
ACB alerts

from News Quantified
Opt-in for
ACB alerts

from News Quantified