MJ Biz reports on latest cap in hand action from one of the cannabis giants…
The Edmonton, Alberta-based company filed the documentation with Canadian securities agencies and the U.S. Securities and Exchange Commission, according to a company news release.
Aurora said the new financing could be needed because its previously filed at-the-market (ATM) program has been completed, leaving the company with only 272 million Canadian dollars ($206 million) in cash.
Aurora also disclosed that it received gross proceeds of $214.7 million since June 30 from the now-completed ATM program.
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