Financings
Aurora Cannabis Announces Filing of Prospectus Supplement for At-The-Market Offering Program

ACB · Price
Executive Summary
- Aurora Cannabis filed a prospectus supplement to establish a new at‑the‑market (ATM) offering program allowing issuance and sale of up to US$100 million of common shares.
- Net proceeds are intended for strategic, accretive purposes, specifically increased cultivation capacity and potential M&A activity.
- The ATM sales will be conducted through TD Securities (USA) LLC under a sales agreement dated February 4 2026 and may be executed on NASDAQ or other U.S. marketplaces at prevailing market prices.
Key Details
- Program Size: Up to US$100 million of common shares may be issued and sold from treasury.
- Use of Proceeds: Targeted for cultivation capacity expansion and mergers & acquisitions (strategic, accretive purposes).
- Sales Mechanism:
- “At‑the‑market distributions” per NI 44‑102 – Shelf Distributions.
- Shares sold on the NASDAQ Capital Market or other U.S. venues at prevailing market price; private negotiated transactions also permitted.
- No sales will be made on Canadian exchanges.
- Sales Agreement: Executed with TD Securities (USA) LLC on February 4 2026.
- Regulatory Filings:
- Prospectus Supplement filed with all Canadian provincial securities regulators (except Quebec) and the U.S. SEC as part of Form F‑10 registration statement under the Multijurisdictional Disclosure System.
- Base Shelf Prospectus originally dated February 14 2025; supplemental documents available on SEDAR+ and EDGAR.
- Forward‑Looking Statements: Include expectations regarding timing/completion of the ATM program and use of proceeds; subject to customary risk factors disclosed in Aurora’s Annual Information Form (June 17 2025).
Notable Quotes
(No executive quotes were provided in the release.)
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Jun 11, 2026 · 07:05