Aurora Cannabis: Not All Reverse Splits Are Negative [Seeking Alpha]
Aurora Cannabis Inc. - Common Shares (ACB)
Company Research
Source: Seeking Alpha
SummaryAurora Cannabis announced plans for a 1:12 reverse stock split.Most research supports dire outcomes for most reverse stock splits.Not all splits are negative, though, providing potential upside on the stock after already falling on the news.Aurora Cannabis only trades at ~3x sales estimates now.WithACBinvestment thesisImage Source: Aurora Cannabis websiteReverse Stock SplitsFor numerous reasons, the market is immediately negative on reverse stock splits. The very fact thatChesapeake EnergyCHKapproved a reverse splitdefaulting on loansThe key to reverse stock splits is that they don't generate any value and are typically done in order to meet listing requirements. According toInvestopediaAurora Cannabis highlighted the NYSE continued listing requirements as the prime reason the Board of Directors approved a 1-for-12 stock split. Based on the current price, the stock would trade at $9 and easily meet the $1 minimum bid listing requirement after the split.Though results aren't exh
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ACB
News
- Aurora Announces Distribution Partnership with Leafio Australia [Yahoo! Finance]Yahoo! Finance
- Aurora Announces Distribution Partnership with Leafio AustraliaPR Newswire
- Rubicon Organics Announces Appointment of Glen Ibbott as CFO [Yahoo! Finance]Yahoo! Finance
- Rubicon Organics Announces Appointment of Glen Ibbott as CFOGlobeNewswire
- Aurora Cannabis: Medical Sales Boom Worldwide, Cash Flow to Swing Positive – Quarterly Update Report [Yahoo! Finance]Yahoo! Finance
ACB
Earnings
- 11/5/25 - Miss
ACB
Sec Filings
- 11/5/25 - Form 6-K
- 11/5/25 - Form 6-K
- 10/23/25 - Form 6-K
- ACB's page on the SEC website