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Mergers & Acquisitions ·

Curaleaf increases offer for Aurora Cannabis to US$1.00 cash plus 0.4013 shares per share

CURLDCuraleaf Holdings, Inc.

Curaleaf Holdings amended its unsolicited tender offer for Aurora Cannabis, raising the consideration to US$1.00 in cash and 0.4013 of a Curaleaf subordinate voting share per Aurora common share, up from US$0.75 cash and 0.3463 shares. The maximum cap price increased to US$6.00 per share. The offer expiry was extended to December 4, 2026. Aurora's board continues to recommend rejection of the bid. Curaleaf operates in the cannabis industry.

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