Herbert Smith Freehills Kramer advises Aura Consolidated Group, Inc. on transformational combination with Qoria Limited and ASX listing

Herbert Smith Freehills Kramer (HSF Kramer) is pleased to be advising Boston-based Aura Consolidated Group, Inc. (Aura) on its combination with Qoria Limited (Qoria) and Aura’s concurrent listing on the Australian Securities Exchange (ASX). This transaction, to establish the Aura–Qoria group as a global leader in digital safety products and solutions, brings together Aura’s rapidly growing, AI-powered suite of online safety and wellbeing features and Qoria’s complementary global footprint, connected schools ecosystem and deep expertise in student safety and digital wellbeing. 

HSF Kramer is also advising Aura on the Australian aspects of its parallel U.S.$75 million capital raise and listing on the ASX.

The HSF Kramer team included Michael Ziegelaar, Alex Mackinnon, Kam Jamshidi, Nini Lu, Fergus Little, Jennifer Wong, Bevan Wang, Ella Blythe, Yash Ghangas and Stewart Stevenson. 

Bill Lundregan, Chief Legal Officer of Aura, said, “The acquisition of Qoria will help power the next phase of growth at Aura and accelerate our vision for connected safety for individuals and families around the world. We thank HSF Kramer for their contribution in helping us achieve our vision.”

Michael Ziegelaar said, “This is a combination that brings together two outstanding digital safety innovators to form a global leader. We are delighted to support Aura as it enters the Australian market through this merger and its ASX listing.”

Alex Mackinnon said, “This is another example of our market leading cross border ECM and M&A work. We are excited to be involved and congratulate Aura and Qoria on this innovative transaction.”

Other examples of HSF Kramer’s leading work include advising:

• 29Metals on its A$150 million capital raise
• Light & Wonder on the Australian law aspects of its transition to sole standard ASX listing
• GemLife on its $750 million IPO
• J.P. Morgan and UBS as Joint Lead Managers to Xero Limited’s placement and share purchase plan to raise up to ~A$2.05 billion
• Elevra Lithium limited on its $69 million placement to Resource Capital Fund VIII L.P. as part of its merger with Piedmont Lithium
• Chemist Warehouse on its A$34 billion merger with Sigma Healthcare
• Energy Fuels, Inc. on its proposed acquisition of Australian Strategic Materials Limited
• Seven West Media on its combination with Southern Cross Media
• AGL on the sale of its stake in Tilt Renewables for A$750 million