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What's the stock price of Aurora Cannabis Inc?

Aurora Cannabis Inc. (the "Company" or "Aurora") (NASDAQ: ACB) (TSX: ACB), the Canadian company defining the future of cannabinoids worldwide, announced today the delivery of a cannabis shipment worth nearly C$8 million, in one of the largest single shipments of cannabis that Israel has received.

When did Aurora stock split 1 for 12?

In mid-April, Aurora announced that it would do a 1-for-12 reverse stock split on or about May 11. Its stock fell by more than 13% on the news. As part of the announcement, Aurora said that it had just CAD$205 million in cash on its balance sheet. And that’s after selling $400 million of its stock under its At-the-Market (ATM) offering program.

How much cash does Aurora Energy have on balance sheet?

As part of the announcement, Aurora said that it had just CAD$205 million in cash on its balance sheet. And that’s after selling $400 million of its stock under its At-the-Market (ATM) offering program. Further, to raise more cash, it intends to sell some of the $350 million of its stock still remaining under its ATM.

How many shares of Aurora are there right now?

If it sells the remaining $350 million at current prices, it’s going to dilute shareholders to the tune of 467 million shares. As The Motely Fool contributor Sean Williams points out, that would increase its share count by almost 40%.


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