Aurora announced that its Board of Directors has approved, subject to required regulatory and stock exchange approvals, a plan to consolidate all of its outstanding Common Shares on the basis of 1 Common Share for every 10 Common Shares currently outstanding, with such Share Consolidation to be effective on or about February 20. The Company expects the Share Consolidation to restore compliance with Nasdaq Listing Rule 5550 and to ensure the Company continues to have access to a wide range of institutional investors. Further details regarding the Share Consolidation can be found below under the heading “Information Regarding the Share Consolidation Plan”.
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