Aurora Innovation, Inc. - AUR STOCK NEWS

Aurora Innovation, Inc. (NASDAQ: AUR) has announced that it will release its third quarter 2024 results after the market closes on October 30, 2024. The company will also host a business review conference call on the same day at 5:00 p.m. Eastern time. Investors and interested parties can access the conference call via a webcast on Aurora's investor relations website at ir.aurora.tech. For those unable to attend the live event, a replay of the webcast will be available for 30 days following the call.

Aurora Innovation (NASDAQ: AUR) has announced that its Chief Financial Officer, David Maday, will participate in a fireside chat at the Evercore ISI ADAS, AV & AI Summit on September 24, 2024 at 8:45 am Eastern Time. The presentation will be webcast live on Aurora's investor relations website at ir.aurora.tech. For those unable to attend the live event, a replay of the webcast will be available for 30 days following the presentation.

Aurora Innovation (NASDAQ: AUR) is hosting a Partner Summit to prepare customers for driverless operations. The company announced three key updates:

• Launch of the Partner Success Program in Q4 2024, allowing customers to evaluate autonomy performance
• Planned route expansion from El Paso to Phoenix, with commercial pilots expected in H1 2025
• Showcase of the Aurora Driver's readiness for driverless operations between Dallas and Houston

Aurora has completed over 7,000 loads across nearly two million commercial miles for pilot customers. The summit brings together carriers, safety experts, regulators, and law enforcement to discuss industry topics and prepare for driverless truck deployment.

Aurora Innovation (NASDAQ: AUR) has announced that its CEO and Co-founder, Chris Urmson, will participate in a fireside chat at the Goldman Sachs Communacopia + Technology Conference. The event is scheduled for September 10, 2024, at 9:30 am Pacific Time.

The presentation will be webcast live on Aurora's investor relations website at ir.aurora.tech. For those unable to attend or watch live, a replay of the webcast will be available for 30 days following the presentation.

This appearance at a major technology conference provides an opportunity for investors and industry observers to gain insights into Aurora's latest developments and future plans in the autonomous vehicle technology sector.

Aurora Innovation (Nasdaq: AUR) has successfully closed its upsized public offering, raising approximately $483 million in gross proceeds. The company sold 134,166,667 shares of Class A common stock at $3.60 per share, including the full exercise of the underwriters' option to purchase an additional 17,500,000 shares. The offering was managed by prominent financial institutions, with Goldman Sachs & Co. , Allen & Company , and Morgan Stanley acting as joint book-running managers. The stock was offered through a previously filed and SEC-approved Registration Statement on Form S-3, with a final prospectus supplement and accompanying prospectus detailing the offering terms.

Aurora Innovation (Nasdaq: AUR) has announced the pricing of its upsized public offering of 116,666,667 shares of Class A common stock at $3.60 per share. The company expects to raise approximately $420 million in gross proceeds, before deducting underwriting discounts and expenses. Aurora has also granted underwriters a 30-day option to purchase up to an additional 17,500,000 shares. The offering is set to close around August 2, 2024, subject to customary conditions. Goldman Sachs, Allen & Company, and Morgan Stanley are acting as joint book-running managers for the offering. Aurora has filed the necessary documents with the SEC, including a Registration Statement on Form S-3 and a preliminary prospectus supplement.

Aurora Innovation, Inc. (Nasdaq: AUR) has announced the cancellation of its second quarter business review conference call, originally scheduled for today at 5:00 p.m. Eastern Time. The cancellation is due to the commencement of an underwritten public offering of the company's Class A common stock. Aurora has already issued its second quarter shareholder letter and posted supplemental business information on its website. The company emphasizes that this announcement does not constitute an offer to sell or a solicitation of an offer to buy its stock, and no sales will occur in any jurisdiction where it would be unlawful before registration or qualification under local securities laws.

Aurora Innovation (Nasdaq: AUR) has announced a proposed public offering of up to $350 million of its Class A common stock. The company plans to grant underwriters a 30-day option to purchase an additional 15% of the shares. All shares in this offering will be sold by Aurora. The offering is subject to market conditions, and its completion, size, and terms are not guaranteed.

Aurora has filed a Registration Statement on Form S-3 with the SEC and a preliminary prospectus supplement. Interested parties can access these documents through the SEC's website or obtain copies from the underwriters: Goldman Sachs & Co. , Allen & Company , and Morgan Stanley & Co.

Aurora Innovation (NASDAQ: AUR) has released its Q2 2024 results, highlighting significant commercial progress. The company tripled its commercial volume and secured contracts for a substantial portion of its projected 2025 capacity. Aurora partnered with Uber Freight to launch the Premier Autonomy program, catering to carriers of various sizes. CEO Chris Urmson emphasized the company's strong position in the autonomous driving industry, citing their responsible technology approach, safety culture, Driver as a Service business model, and financial discipline. Aurora is on track for its planned Commercial Launch at the end of 2024.