Aura to Acquire Qoria and List on ASX, Creating $2.1 Billion Global Digital Safety Platform

New updates have been reported about Aura.

Aura has signed a binding agreement to acquire Australian-listed Qoria via a scheme of arrangement and, in parallel, list Aura CHESS Depositary Interests on the Australian Securities Exchange under the ticker AXQ. The deal will make Qoria a wholly owned subsidiary of Aura and combine Aura’s U.S.-focused, AI-driven consumer and employee-benefits safety platform with Qoria’s school-centric digital safety and wellbeing footprint, giving the group access to more than 9 million families and over 20% of U.S. schools. On a combined basis, the business generated over $300 million in annual recurring revenue for the year ended 31 December 2025, is targeting growth of more than 20% in calendar 2026, and expects to be cash-flow positive in 2026 from transaction completion. The transaction implies a pre-money equity value of approximately $2.1 billion for the combined group, with Aura securing $75 million in new equity commitments in CDIs from existing shareholders, including founder Hari Ravichandran, WndrCo, Accel and General Catalyst. Aura has received in-principle advice from ASX that CDI trading is expected to commence on a conditional, deferred basis the business day after the merger becomes effective, moving to normal T+2 settlement around the day after implementation.

Strategically, the acquisition broadens Aura’s reach from U.S. consumer and workplace channels into the global education market, positioning the company as a scale player in end-to-end digital safety across home, school and work. Following completion, Qoria founder Tim Levy will become global CEO of the combined entity, while Aura founder Hari Ravichandran will move to Chairman; the seven-member board will have a majority of Aura nominees, with representation from WndrCo and Qoria, and one Aura director yet to be named. The deal remains subject to court, regulatory and Qoria shareholder approvals, as well as merger clearances in relevant jurisdictions, and there is no certainty it will close on the current terms or timetable; closing is targeted for Q2 2026. Aura has engaged Jefferies as financial advisor and leading international law firms in Australia and the U.S., underscoring the company’s intent to use the ASX listing and enlarged platform to pursue sustained growth in the global online safety and digital wellbeing sector while managing integration and execution risks inherent in a transaction of this scale.