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Qoria Discloses Share Consideration Exchange Ratio for Acquisition by Aura Consolidated Group

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Qoria (ASX:QOR) said eligible shareholders will receive one Aura Consolidated Group Chess depositary interest for every 17.32 Qoria shares they hold as part of Aura's pending acquisition of the company, according to a Thursday filing with the Australian bourse.

The exchange ratio was calculated on July 1, and Qoria shareholders of record as of July 10 will be eligible to receive the consideration.

Aura's acquisition of Qoria remains subject to several conditions, including shareholder and court approvals.

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