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Aurora Cancels Business Review Conference Call Due to Commencement of an Underwritten Public Offering

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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, Inc. (Nasdaq: AUR) ha annunciato la cancellazione della sua conferenza telefonica per la revisione degli affari del secondo trimestre, originariamente prevista per oggi alle 17:00 ora orientale. La cancellazione è dovuta all'inizio di un offerta pubblica garantita delle azioni ordinarie di Classe A della società. Aurora ha già inviato la lettera agli azionisti del secondo trimestre e ha pubblicato informazioni aziendali supplementari sul suo sito web. L'azienda sottolinea che questo annuncio non costituisce un'offerta per vendere né una sollecitazione per un'offerta di acquisto delle sue azioni, e non ci saranno vendite in nessuna giurisdizione in cui sarebbe illegale prima della registrazione o qualificazione secondo le leggi locali sui titoli.

Aurora Innovation, Inc. (Nasdaq: AUR) ha anunciado la cancelación de su conferencia de revisión de negocios del segundo trimestre, que estaba programada para hoy a las 5:00 p.m. hora del Este. La cancelación se debe al inicio de una oferta pública garantizada de las acciones ordinarias Clase A de la compañía. Aurora ya ha emitido su carta a los accionistas del segundo trimestre y ha publicado información empresarial suplementaria en su sitio web. La empresa enfatiza que este anuncio no constituye una oferta para vender ni una solicitud para una oferta de compra de sus acciones, y no se llevarán a cabo ventas en ninguna jurisdicción donde sería ilegal antes de la registración o calificación bajo las leyes de valores locales.

Aurora Innovation, Inc. (Nasdaq: AUR)가 오늘 오후 5시 동부 표준시로 예정되어 있던 2분기 사업 리뷰 컨퍼런스 콜을 취소한다고 발표했습니다. 이 취소는 회사의 A급 보통주에 대한 보증된 공개 모집의 시작으로 인한 것입니다. Aurora는 이미 2분기 주주 서한을 발송했으며, 웹사이트에 추가 사업 정보를 게시했습니다. 회사는 이 발표가 주식 판매 제안도, 구매 제안의 요청도 아님을 강조하며, 현지 증권법에 따라 등록 또는 자격이 부여되기 전에는 불법인 관할권 내에서 어떠한 판매도 발생하지 않을 것이라고 밝혔습니다.

Aurora Innovation, Inc. (Nasdaq: AUR) a annoncé l'annulation de sa conférence téléphonique de revue des affaires pour le deuxième trimestre, initialement prévue pour aujourd'hui à 17h00 heure de l'Est. L'annulation est due au lancement d'une offre publique garantie d'actions ordinaires de Classe A de la société. Aurora a déjà envoyé sa lettre aux actionnaires pour le deuxième trimestre et a publié des informations commerciales supplémentaires sur son site web. L'entreprise souligne que cet avis ne constitue pas une offre de vente ni une sollicitation d'offre d'achat de ses actions, et aucune vente n'aura lieu dans aucune juridiction où cela serait illégal avant enregistrement ou qualification selon les lois locales sur les valeurs mobilières.

Aurora Innovation, Inc. (Nasdaq: AUR) hat die Absage seiner Konferenzschaltung zur Überprüfung der Geschäftsergebnisse des zweiten Quartals bekannt gegeben, die ursprünglich für heute um 17:00 Uhr östlicher Zeit geplant war. Die Absage erfolgt aufgrund des Starts eines unterstützten öffentlichen Angebots für die Stammaktien der Klasse A des Unternehmens. Aurora hat bereits seinen Aktionärsbrief für das zweite Quartal herausgegeben und ergänzende Geschäfts Informationen auf seiner Website veröffentlicht. Das Unternehmen betont, dass diese Ankündigung kein Angebot zum Verkauf oder eine Aufforderung zum Kauf seiner Aktien darstellt und dass in keiner Rechtsordnung, in der es vor der Registrierung oder Qualifikation nach den lokalen Wertpapiergesetzen unrechtmäßig wäre, Verkäufe stattfinden werden.

Positive
  • Commencement of an underwritten public offering, potentially raising capital for the company
Negative
  • Cancellation of the scheduled second quarter business review conference call
  • Potential dilution of existing shareholders' stock due to the public offering

PITTSBURGH--(BUSINESS WIRE)-- Aurora Innovation, Inc. (Nasdaq: AUR) today announced that it will no longer hold its second quarter business review conference call originally scheduled for today at 5:00 p.m. Eastern Time due to the announcement that Aurora has commenced an underwritten public offering. Earlier today Aurora issued its second quarter shareholder letter and posted supplemental business information on its website.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of Aurora’s Class A common stock in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under the securities laws of any such state or jurisdiction.

About Aurora

Aurora (Nasdaq: AUR) is delivering the benefits of self-driving technology safely, quickly, and broadly to make transportation safer, increasingly accessible, and more reliable and efficient than ever before. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger vehicles, and underpins Aurora’s driver-as-a-service products for trucking and ride-hailing.

Forward-Looking Statements

This press release contains forward-looking statements as that term is defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements include, but are not limited to the timing of the public offering. These forward-looking statements are neither promises nor guarantees and are subject to a variety of risks and uncertainties, including but not limited to: whether or not Aurora will be able to raise capital through the sale of Class A common stock or consummate the proposed offering; the final terms of the offering; and its expectations with respect to granting the underwriters a 30-day option to purchase additional shares of Class A common stock; the satisfaction of closing conditions; and other risks. Information regarding the foregoing and additional risks are described in the Risk Factors sections of the preliminary prospectus supplement for the underwritten public offering filed with the SEC, and the documents incorporated by reference therein, including without limitation those risks and uncertainties identified in the “Risk Factors” section of Aurora’s Registration Statement on Form S-3 declared effective by the SEC on January 8, 2024, the accompanying prospectus, Aurora’s Annual Report on Form 10-K filed with the SEC on February 15, 2024, as amended by Aurora’s Form 10-K/A filed with the SEC on May 24, 2024, and other filings that Aurora makes with the SEC from time to time. All forward-looking statements reflect Aurora’s beliefs and assumptions only as of the date of this press release. Aurora undertakes no obligation to update forward-looking statements to reflect future events or circumstances.

Investor Relations:

Stacy Feit

ir@aurora.tech

Media:

press@aurora.tech

Source: Aurora Innovation, Inc.

FAQ

Why did Aurora Innovation (AUR) cancel its Q2 business review conference call?

Aurora Innovation (AUR) canceled its Q2 business review conference call due to the commencement of an underwritten public offering of its Class A common stock.

What type of offering has Aurora Innovation (AUR) announced?

Aurora Innovation (AUR) has announced the commencement of an underwritten public offering of its Class A common stock.

Has Aurora Innovation (AUR) released its Q2 financial results?

Yes, Aurora Innovation (AUR) has issued its second quarter shareholder letter and posted supplemental business information on its website.

What is the potential impact of Aurora Innovation's (AUR) public offering on shareholders?

The public offering may lead to dilution of existing shareholders' stock, as it involves issuing new shares of Class A common stock.

Aurora Innovation, Inc.

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