The Fine Print in Aurora Cannabis' Deal With Billionaire Nelson Peltz That Should Make Investors Giddy [The Motley Fool]
Aurora Cannabis Inc. - Common Shares (ACB)
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Source: The Motley Fool
The Fine Print in Aurora Cannabis' Deal With Billionaire Nelson Peltz That Should Make Investors Giddy Keith Speights ( TMFFishBiz Mar 9, 09 at :00AM Aurora Cannabis NYSE:ACB bringing billionaire Nelson Peltz on board as a strategic advisor But buried in Aurora's press release were some intriguing details about the deal with Peltz. The fine print of this deal revealed some aspects of the billionaire's arrangement with Aurora Cannabis that, if achieved, should have investors more than just smiling -- they should be downright giddy. Image source: Getty Images. A vested interest in success Peltz isn't helping Aurora Cannabis out of the goodness of his heart. The company provided a significant financial incentive for Peltz to line up key strategic partners. Peltz will receive options to buy nearly 0 million shares of Aurora stock (9,9,7 shares, to be exact) at $0. in Canadian dollars (US$7.7) per share. Aurora's share price is more than % higher than this strike price, so Peltz is set to
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News
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- Green gold rush, Aurora Cannabis leads pot stock surge [BNN Bloomberg (Canada)]BNN Bloomberg
- CNN values your feedback [CNN]CNN
ACB
Analyst Actions
- 2/8/24 - CANACCORD
ACB
Sec Filings
- 3/1/24 - Form 6-K
- 2/16/24 - Form 6-K
- 2/8/24 - Form 6-K
- ACB's page on the SEC website