secwatch / observer
8-K filed July 19, 2023, 7:59 PM ET ticker AUR CIK 0001828108
other material confidence high sentiment neutral materiality 0.80

Aurora raises $820M via public offering and private placement; 73.3M shares at $3.00, 222.2M at $2.70

Aurora Innovation, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Aurora Innovation, Inc. entered into Common Stock Purchase Agreement with certain existing institutional and strategic investors, entities affiliated with two of our directors, and new institutional investors valued at 222,222,216 shares of Class A common stock at $2.70 per share, gross proceeds approximately $600 mil (effective 2023-07-18).

Action
entry
Agreement
equity purchase
Counterparty
certain existing institutional and strategic investors, entities affiliated with two of our directors, and new institutional investors
Value
222,222,216 shares of Class A common stock at $2.70 per share, gross proceeds approximately $600 mil
Effective
2023-07-18
Exact text from the filing
On July 18, 2023, Aurora entered into a Common Stock Purchase Agreement (the “ Purchase Agreement ”) for a private placement (the “ Private Placement ”) with certain existing institutional and strategic investors, entities affiliated with two of our directors, and new institutional investors (each, a “ Purchaser ” and collectively, the “ Purchasers ”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Aurora Innovation, Inc. entered into Underwriting Agreement with Goldman Sachs & Co. LLC and Allen & Company LLC, as representatives of the several underwriters valued at 73,333,333 shares of Class A common stock at $2.9025 per share, gross proceeds approximately $220 mi (effective 2023-07-18).

Action
entry
Agreement
underwriting
Counterparty
Goldman Sachs & Co. LLC and Allen & Company LLC, as representatives of the several underwriters
Value
73,333,333 shares of Class A common stock at $2.9025 per share, gross proceeds approximately $220 mi
Effective
2023-07-18
Exact text from the filing
On July 18, 2023, Aurora Innovation, Inc. (“ Aurora ”) entered into an underwriting agreement (the “ Underwriting Agreement ”) with Goldman Sachs & Co. LLC and Allen & Company LLC, as representatives (the “ Representatives ”) of the several underwriters named therein (collectively, the “ Underwriters ”), relating to the issuance and sale (the “ Public Offering ”) of 73,333,333 shares (the “ Firm Shares ”) of Aurora’s Class A common stock, par value $0.00001 per share (the “ Class A Common Stock ”), at a price to the public of $3.00 per share.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Aurora Innovation, Inc. entered into Registration Rights Agreement with the Purchasers valued at Registration rights for Private Placement Shares, including obligations to file registration stateme (effective 2023-07-18).

Action
entry
Agreement
equity purchase
Counterparty
the Purchasers
Value
Registration rights for Private Placement Shares, including obligations to file registration stateme
Effective
2023-07-18
Exact text from the filing
In connection with the Private Placement, Aurora and the Purchasers entered into a Registration Rights Agreement, dated July 18, 2023 (the “ Registration Rights Agreement ”), providing for the registration for resale of the Private Placement Shares that are not then registered on an effective registration statement, pursuant to a registration statement (the “ Registration Statement ”) to be filed with the SEC on or prior to August 4, 2023 (the “ Filing Deadline ”).
View on SEC.gov

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Aurora Innovation, Inc. filing history →

Source: SEC EDGAR
accession 0001628280-23-025099
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