US cybersecurity and online safety technology firm Aura has reached a definitive agreement to acquire Australian technology company Qoria in a transaction valued at approximately six hundred and seventy-five million Australian dollars, a move that will see the combined business relist on the Australian Securities Exchange.

Under the terms of the merger implementation deed, Aura will acquire all existing shares in Qoria in exchange for shares in its own common stock, represented as CHESS Depositary Interests, paving the way for the newly combined entity’s listing on the ASX.

The deal positions the enlarged group as a global leader in digital safety solutions for consumers and enterprises alike, extending Qoria’s established footprint in parental controls, cyber safety and wellbeing platforms across Australia, New Zealand, the United States, Europe and beyond.

The combined equity value implied by the transaction is approximately US$2.1 billion, reflecting investor confidence in the strategic growth prospects of unified online safety offerings and expanded international reach.

Aura has secured binding commitments for a US$75 million equity placement from existing shareholders, including the firm’s founder and chief executive, Hari Ravichandran, and key backers such as WndrCo, Accel and General Catalyst, to support the transaction.

These funds are expected to provide working capital and strengthen the combined group’s capacity to invest in product development and market expansion.

Following completion of the merger, Qoria founder and managing director Tim Levy will assume the role of global chief executive officer of the combined company, while Hari Ravichandran will be appointed chairman of the board.

The new board will consist of seven directors, including four nominated by Aura and three by Qoria, reflecting a collaborative governance structure aimed at integrating the strengths of both organisations.

In-principle advice from the ASX indicates that the CHESS Depositary Interests representing the combined group are likely to begin trading on the exchange shortly after the effective date of the merger, initially on a conditional basis before transitioning to standard settlement.

The transaction remains subject to regulatory approvals and the approval of Qoria shareholders, with closing anticipated in the second quarter of this year.

The agreement underscores Aura’s ambition to accelerate global expansion and harness Qoria’s established technology platforms, particularly in markets with strong demand for enhanced online safety and wellbeing solutions.

The relisting on ASX is expected to bolster the company’s visibility with investors and support long-term growth initiatives across key regions, including Australia and the Indo-Pacific.