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Aurora Cannabis urges shareholders to wait for board review before acting on Curaleaf's revised hostile takeover bid.

Company Fundamentals
06 Oct 2026
PRNewsWire
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Neutral
Aurora Cannabis urges shareholders to wait for board review before acting on Curaleaf's revised hostile takeover bid.

Aurora Cannabis announced that its Special Committee will conduct a thorough review of Curaleaf's revised hostile takeover bid offering US$5.00 per share. Shareholders are advised to take no action until the Board provides a formal recommendation, expected before the bid's expiry on December 4, 2026. The review aims to ensure shareholders can make an informed decision on the offer's value. Aurora will communicate its recommendation and relevant details once the review is complete.

Aurora Cannabis shares trade at USD 4.59 on Pluang as of Oct 07, 2026 03:42 WIB, below the revised hostile bid price of USD 5.00 per share by Curaleaf. The stock is closer to its 52-week low of USD 2.58 than its high of USD 6.17, showing a wide range of investor sentiment. Despite a 3.03% gain in the last day, the majority of Pluang traders are selling, with 62% of order activity on the sell side, reflecting cautious positioning ahead of the Board's recommendation expected before December 4, 2026.

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