Aurora Cannabis Inc. has entered into a definitive agreement with Bevo Agtech Inc. and Bevo Farms Ltd. Under this agreement, Aurora will exchange all of its common shares of Bevo Agtech for preferred shares of Bevo Agtech. Upon closing, Aurora will also transfer shareholder loans owed by Bevo Farms in exchange for $5.5 million in cash. As part of the terms, Aurora will be entitled to an annual 5% dividend on the value of the preferred shares and receive a portion of Bevo Agtech’s eligible cashflow and liquidation proceeds. The closing of the transaction remains subject to certain conditions, including Bevo Agtech shareholder approval and lender consent.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aurora Cannabis Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-048819), on February 12, 2026, and is solely responsible for the information contained therein.