Aurora Acquisition Corp (AURC)

[Lochan]

According to today's PR, the real purpose of the shareholders
meeting will be to vote on the buyout. The meeting will be scheduled once the share dividend is distributed. This is how a legitimate company operates.

An offer to purchase all of the outstanding shares of AURC
was submitted by Kartex on behalf of an unnamed party. There was an original offer of .38 and a counteroffer to sell at .68. The parties agreed to a negotiated price of .55.
I imagine that the involvement of Kartex was no longer required once the buyout price had been determined.

To fulfill its promise to shareholders, Aurus disentangled itself from Select American as its transfer agent and chose Transfer Online to handle its dividend and the future cash payment for all outstanding shares.

Aurus hired L2I, an IR firm experienced in dealing with microcap companies especially in North America and Europe,
to organize a shareholders meeting in the United States.

Aurus has already taken steps to pay State taxes so as to be in compliance with the rules and regulations of its State of incorporation.

In today's PR, Aurus has reconfirmed that the buyout of .55
per share is still on the table. I see no reason to doubt this.

All of the above-mentioned points are the steps that only a company on the up and up would take to conclude a buyout deal.
The dividend will be distributed, the meeting will be called
and registered shareholders will receive their official notification.

I would expect that even if at the meeting the Company representatives paint a picture showing that a better offer could be achieved by waiting, the shareholders will vote in favor of the .55 buyout. I guess it will take another month or two after the meeting for us to get our dough.