Aura Expands Global Reach with Acquisition of Qoria and ASX Listing

Aura Expands Global Footprint with Acquisition of Qoria

In a significant move to enhance its market presence, Aura has announced a binding agreement to acquire Australian-listed Qoria through a scheme of arrangement. This strategic acquisition will not only make Qoria a wholly owned subsidiary of Aura but also pave the way for Aura to list its CHESS Depositary Interests on the Australian Securities Exchange (ASX) under the ticker AXQ.

The merger promises to create a powerhouse in the digital safety sector, combining Aura’s AI-driven consumer and employee-benefits platform with Qoria’s school-centric digital safety and wellbeing services. Together, the companies will gain access to over 9 million families and more than 20% of U.S. schools, significantly broadening their reach.

For the year ending December 31, 2025, the combined entity is projected to generate over $300 million in annual recurring revenue, with an ambitious growth target of over 20% in 2026. Moreover, the company anticipates becoming cash-flow positive in the same year following the completion of the transaction.

The acquisition values the combined group at approximately $2.1 billion pre-money equity. Aura has secured $75 million in new equity commitments from existing shareholders, including founder Hari Ravichandran, WndrCo, Accel, and General Catalyst.

In a move to facilitate this expansion, Aura has received in-principle advice from the ASX, indicating that CDI trading is expected to commence on a conditional, deferred basis the business day after the merger becomes effective. Normal T+2 settlement is anticipated shortly thereafter.

Strategically, this acquisition marks Aura’s entry into the global education market, positioning the company as a key player in end-to-end digital safety across home, school, and workplace environments. Following the merger, Qoria founder Tim Levy will take the helm as global CEO, while Aura founder Hari Ravichandran will transition to Chairman. The new seven-member board will feature a majority of Aura nominees, alongside representation from WndrCo and Qoria.

The deal is still subject to court, regulatory, and Qoria shareholder approvals, as well as merger clearances in relevant jurisdictions. While the timeline for closing is targeted for Q2 2026, uncertainties remain regarding the final terms and schedule.

To navigate this complex transaction, Aura has engaged Jefferies as its financial advisor, alongside leading international law firms in both Australia and the U.S. This underscores the company’s commitment to leveraging its ASX listing and expanded platform to drive sustained growth in the global online safety and digital wellbeing sector.

As Aura embarks on this ambitious journey, the industry watches closely to see how this merger will reshape the landscape of digital safety and wellbeing services.

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