Allurion Announces Immediate Exercise of Warrants for $3.0 Million Gross Proceeds

Reuters02-24 22:15

Allurion Announces Immediate Exercise of Warrants for $3.0 Million Gross Proceeds

Allurion Technologies announced a definitive agreement for the immediate cash exercise of certain outstanding warrants to buy up to 2,659,565 common shares at a reduced exercise price of $1.15 per share, generating about $3.0 million in gross proceeds before fees. In exchange, the exercising holders will receive new private-placement warrants for up to 5,319,130 shares, exercisable at $1.15 per share for five years starting after stockholder approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allurion Technologies Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202602240915BIZWIRE_USPR_____20260224_BW024473) on February 24, 2026, and is solely responsible for the information contained therein.

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