Summary by Futu AI
Uber Technologies, Inc. has announced a planned acquisition of shares in Aurora Innovation, Inc. on July 21, 2023. The transaction involves the purchase of 25,037,036 Class A Common Stock shares at prices ranging from $2.7 to $3.0 per share. Following the completion of this transaction, Uber Technologies will hold a total of 325,973,411 shares in Aurora Innovation. The acquisition is a direct purchase on the open market or through private transactions, as indicated by the transaction code 'P'. This strategic move is part of Uber's investment activities and reflects its confidence in Aurora Innovation's value and potential growth.