On August 2, 2024, Aurora Innovation, Inc., a self-driving vehicle technology company, announced the closing of its underwritten upsized public offering for total gross proceeds of approximately $483 million, before deducting underwriting discounts and commissions and other offering expenses. In the public offering, Aurora sold 134,166,667 shares of its Class A common stock at $3.60 per share, which includes the full exercise by the underwriters of their option to purchase up to 17,500,000 additional shares.
The Wilson Sonsini Goodrich & Rosati team that advised Aurora on the transaction included:
Corporate
Damien Weiss
Megan Baier
David Sharon
Hyo Min Kim
Rui Ke
Brian Ginsberg
Fintech and Financial Services
Marc Foster
Regulatory
Anne Seymour
Seth Cowell
For more information, please see Aurora’s press release.