Operator
Greetings, and welcome to the Aurinia Year-end 2020 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is recorded. It s now my pleasure to turn the call over to Glenn Schulman, Senior Vice President, Investor Relations. Please go ahead, sir.
Glenn Schulman
Senior Vice President, Corporate Communications and Investor Relations
Thank you, Kevin, and good afternoon, everyone. I m pleased to welcome you to today s call discussing Aurinia s fourth quarter and year-end financial results. Joining me on the call this afternoon are Peter Greenleaf, President and CEO of Aurinia; Neil Solomons, our Chief Medical Officer; Max Colao, Chief Commercial Officer; and Joe Miller, our Chief Financial Officer. This afternoon, just after 4:00 p.m., we issued a press release announcing our financial results and recent operational highlights, which is accessible from our website at www.auriniapharma.com and has been filed on a Form 8-K with the SEC as
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Australis Completes Definitive Agreement to Acquire 51% Stake in ALPS
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ALPS Business Accelerating - Contracts Signed in Past 5 Weeks for Total North of $5 Million
ALPS Core Element in AUSA s Unique Capital-Light Expansion Strategy
Terry Booth to Take the Helm as CEO upon Closing
LAS VEGAS, Feb. 24, 2021 /PRNewswire/ - Australis Capital Inc. (CSE: AUSA) (OTC: AUSAF) ( AUSA or the Company ) announced today that, further to its press release dated January 5, 2021, the Company has entered into a definitive agreement (the Definitive Agreement ) with the principals of ALPS for the acquisition of 51% of the issued and outstanding shares in ALPS (the ALPS Transaction ). The Definitive Agreement has an option permitting the Company to acquire the remaining 49%. Furthermore, the ALPS Transaction also includes the appointment of Terry Booth as AUSA s CEO upon completion.