Implementation of Scheme and completion of Capital Raise
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| Stock | Aura Consolidated Group (AXQ.ASX) |
|---|---|
| Release Time | 17 Jul 2026, 10:10 a.m. |
| Price Sensitive | Yes |
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QORIA Ltd Announces Implementation of Scheme and Capital Raise
Key Points
- Scheme completed with Aura Consolidated Group, Inc. acquiring all Qoria Shares
- Qoria Shares transferred to Aura under the Scheme
- Aura has completed a US$100 million Capital Raise
- Qoria to be delisted from ASX
- New directors appointed to Qoria board
Full Summary
QORIA Ltd (ASX: QOR) has successfully implemented a scheme with Aura Consolidated Group, Inc., resulting in Aura acquiring all Qoria Shares. Under the scheme, Qoria shareholders received 1 Scheme Consideration CDI for approximately every 17.32 Qoria Shares. Aura has also completed a US$100 million capital raise. The delisting of Qoria Shares from the ASX is expected to take effect on 20 July 2026. New directors have been appointed to the Qoria board.
Guidance
None provided
Outlook
None provided
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