secwatch.observer — SEC 8-K summary
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Issuer:     ALLURION TECHNOLOGIES, INC. (ALUR)
CIK:        0001964979
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0001193125-23-297799
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allurion enters up to $100M equity facility with Chardan; issues 35,511 commitment shares
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- Entered ChEF Purchase Agreement with Chardan for up to $100M in common stock sales over 36 months.
- Shares sold at 3% discount to VWAP; purchases capped at $2M/day and 9,482,468 shares (19.99% of outstanding).
- Issued 35,511 commitment shares to Chardan; will pay $125K structuring fee and reimburse up to $300K in legal fees.
- Company has sole discretion to sell shares; no obligation to use facility; proceeds for working capital.
- Registration rights agreement requires filing resale registration statement for shares sold to Chardan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1964979/000119312523297799/0001193125-23-297799-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1964979/000119312523297799/d536638d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-297799

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