Allurion amends notes; $5M converted at $3.35 as market cap falls below $15M

ALLURION TECHNOLOGIES, INC.

Second Amendment to Note Purchase Agreement with RTW Investments added conversion provisions triggered by sub-$15M market cap.
On April 16, 2025, mandatory conversion of $5M principal into 1,492,537 shares at floor price $3.35/share.
Purchasers may convert up to $5M additional at agreed rate (capped at $3.35) and up to $5M at 5-day VWAP less 5%.
Monthly conversion option allows up to $1M/month ($12M max) at 5-day VWAP rate until April 15, 2026.
Purchasers agreed to vote shares issued under new provisions in proportion to other holders or abstain, subject to 9.9% threshold.

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