Aurora cannabis inc. announces closing of its c$38.8 million bought deal financing, including the full exercise of the over-allotment option

Nasdaq | tsx: acb intends to repay remaining convertible debt balance, saving almost c$2 million in annual interest payments edmonton, ab, oct. 3, 2023 /prnewswire/ - aurora cannabis inc. ("aurora" or the "company") (nasdaq: acb) (tsx: acb), the canadian company opening the world to cannabis, today announced the closing of its previously announced bought deal offering of 53,187,500 common shares of the company (the "offered securities") at a price of c$0.73 per offered security (the "offering price"), for aggregate gross proceeds to aurora of approximately c$38,826,875 (the "offering"). the gross proceeds include the full exercise of the over-allotment option by canaccord genuity to purchase 6,937,500 additional common shares of the company on the same terms as the offering.
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