Allurion receives NYSE deficiency notice for average stock price below $1.00

ALLURION TECHNOLOGIES, INC.

30-day average closing price below $1.00 as of Aug 8, 2024 triggered NYSE non-compliance notice.
Company has six-month cure period; must close at or above $1.00 on last day of a calendar month with 30-day average above $1.00.
Considering a reverse stock split, subject to stockholder approval, to regain compliance.
No immediate delisting; common stock will trade under symbol ALUR with .BC designation.

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