Jenner & Block

Firm Client Aurora Cannabis Closes $172.5 Million Underwritten Public Offering

On November 16, firm client Aurora Cannabis Inc. closed its public offering of units of the company for total gross proceeds of $172.5 million. The company plans to use the net proceeds of the offering to fund growth opportunities, for working capital, and other general corporate purposes. Lead by Partner Martin C. Glass, the team included Partners Geoffrey M. Davis and Jeffrey R. Shuman and Associate Kristen M. Iglesias.

Mr. Glass has represented Aurora on other matters, including closing earlier this year on a $250 million at-the-market offering facility for the company, which is listed on the New York and Toronto Stock Exchanges under the stock symbol “ACB”.