other material
confidence high
sentiment neutral
materiality 0.65
Allurion shareholders approve reverse stock split and share issuances at 2024 annual meeting
ALLURION TECHNOLOGIES, INC.
- Class I directors re-elected: Shantanu Gaur, Krishna Gupta, Nicholas Lewin; votes for ranged 27.2M-33.7M.
- Reverse stock split approved (1:10 to 1:25 ratio); 39.9M for, 1.3M against; Board to set exact ratio.
- Issuance of shares upon conversion of Notes under Note Purchase Agreement approved (33.6M for, 2.0M against).
- Issuance of shares upon conversion of Series A Preferred and exercise of Private Placement Warrants approved (33.5M for).
- Ratification of Deloitte & Touche as independent auditor for FY2024 (40.7M for, 0.6M against).