Allurion Technologies (ALUR) Announces 1.24M Share Offering at $6/sh
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Allurion to Raise Approximately $7.4 Million of Gross Proceeds in Offering Priced At-the-Market
January 24, 2025 9:30 AM ESTNATICK, Mass.--(BUSINESS WIRE)-- Allurion Technologies, Inc. (Allurion or the Company) (NYSE: ALUR), a company dedicated to ending obesity, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 1,240,000 shares of the Companys common stock at a price of $6.00 per share in a registered direct offering priced at-the-market under NYSE rules.
In addition, in a concurrent private placement, the Company will issue to the investors warrants to purchase up to 1,240,000 shares of common stock. The warrants have an exercise... More
