other material
confidence high
sentiment neutral
materiality 0.40
Allurion underwriters partially exercise over-allotment option, add ~$2.3M in gross proceeds
ALLURION TECHNOLOGIES, INC.
- Underwriters partially exercised over-allotment to purchase 1,927,265 additional shares at $1.20/share and accompanying warrant.
- Additional gross proceeds of approximately $2.3 million, before underwriting discounts and offering expenses.
- Follows previously reported public offering of 14,406,508 shares and 16,567,484 warrants on July 1, 2024.