
Digital safety platform Aura (ASX:AXQ) commenced trading on the ASX on July 9 following its $3 billion acquisition of Qoria.
The company expects to raise $145 million through the issuance of 20 million depository interests.
Trading commenced on a conditional and deferred settlement basis at a price of $6.93 per security.
The company stated that the transaction involves acquiring 100% of the issued capital of Qoria.
Following the announcement, the Aura share price was unchanged at $6.93.
The combined business generated more than US$300 million in annual recurring revenue during the 2025 financial year.
The board stated that it forecasts revenue growth to exceed 20% throughout the 2026 period.