04:02 AM EDT, 07/18/2025 (MT Newswires) -- Aura Minerals ( AUGO ) late Thursday said it has closed its initial public offering in the US, with more than 8.1 million shares sold at $24.25 each.

The company granted underwriters a 30-day option to purchase up to 1.22 million additional shares. Proceeds will support Aura's acquisition of Mineracao Serra Grande, advance gold development projects in Latin America, and fund general corporate needs.

The offering relocates the British Virgin Islands-based company's primary listing to the US, enhancing liquidity and global investor access.

Shares began trading on Nasdaq on Wednesday and closed 3.1% lower on Thursday. In the premarket activity on Friday, shares were up 2%.