Allurion Technologies (ALUR) Launches $20M Share and Warrant Offering

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Go back to Allurion Technologies (ALUR) Launches $20M Share and Warrant Offering

Allurion Announces Launch of Offering of Common Stock and Warrants

June 26, 2024 8:36 AM EDT

NATICK, Mass.--(BUSINESS WIRE)-- Allurion Technologies, Inc. (NYSE: ALUR) (Allurion or the Company), a company dedicated to ending obesity, today announced that it has launched an underwritten public offering of up to $20 million of its common stock, par value $0.0001 per share (the Shares), and warrants to purchase Shares (the Warrants and, together with the Shares, the Securities).

Jefferies and TD Cowen are acting as joint book-running managers and representatives of the underwriters for the offering. Roth Capital Partners is acting as co-manager for the offering. The Company expects to grant the underwriters a 30-day option to... More