AURORA CANNABIS INC
For the period ended Sep 30, 2026. Filed Nov 5, 2026.
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Sep 30, 2026 · Filed Nov 5, 2026
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EX-99.1 · (b) At-The-Market Equity Program (“ATM Program”)
(b) At-The-Market Equity Program (“ATM Program”)
On February 4, 2026, the Company filed a prospectus supplement, establishing a new ATM Program that allows the Company to issue and sell up to U.S.$100 million of Common Shares in the capital of the Company from treasury to the public.
The following is a summary of the activity under the ATM Program:
| US$ equivalent | ||||
|---|---|---|---|---|
| 2026 | 2026 | |||
| Three months ended September 30 | Six months ended September 30 | Three months ended September 30 | Six months ended September 30 | |
| Gross proceeds | $10,121 | $16,965 | $7,239 | $12,128 |
| Commission | $202 | $338 | $145 | $243 |
| Net proceeds | $9,919 | $16,627 | $7,094 | $11,885 |
| Weighted average gross price | $4.31 | $4.30 | $3.08 | $3.09 |
| Number of shares issued | 2,352,194 | 3,929,524 | 2,352,194 | 3,929,524 |
During the three months and six months ended September 30, 2026, the Company incurred $0.4 million and $0.8 million, respectively (three and six months ended September 30, 2025 – $nil) in transaction costs directly related to the ATM Program, which were recognized in the interim condensed consolidated statements of changes in shareholders’ equity. The Company’s last issuance of Common Shares under the ATM Program settled on August 18, 2026.
Note 10 Share-Based Compensation
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