Aurora Confirms Approval of Transfer To Nasdaq Capital Market; Enters Into Agreement To Repurchase A Further ~ $9.6 Million Principal Amount Of Convertible Notes
Portfolio Pulse from Benzinga Newsdesk
Aurora Cannabis Inc. has confirmed its approval to transfer to the Nasdaq Capital Market. The company has also entered into an agreement to repurchase approximately $9.6 million principal amount of convertible notes.
September 19, 2023 | 11:05 am
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Aurora Cannabis Inc.'s approval to transfer to the Nasdaq Capital Market and its agreement to repurchase $9.6 million of convertible notes could potentially impact its stock price.
The transfer to the Nasdaq Capital Market could potentially increase the visibility of Aurora Cannabis Inc. to investors, which could positively impact its stock price. The repurchase of convertible notes could also be seen as a positive sign of the company's financial health, which could further boost its stock price.
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