Curaleaf asks Alberta regulator to stop Aurora's share issuances, calling them abusive and dilutive amid takeover bid.

Curaleaf Holdings has filed a complaint with the Alberta Securities Commission to halt Aurora's at-the-market (ATM) share issuances, which Curaleaf argues dilute shareholders and increase the cost of its takeover offer by over US$11 million. Since February 2026, Aurora's ATM program has diluted shareholders by approximately 11%, including nearly 5% since June 2026, despite Aurora's claims of strong cash reserves and a debt-free status. Curaleaf contends that these issuances unfairly protect Aurora management at shareholders' expense and hinder shareholders' ability to fairly consider Curaleaf's premium offer. Curaleaf is seeking an expedited hearing to stop further share issuances until the offer period ends, aiming to preserve shareholder value and decision freedom.