other material
confidence high
sentiment neutral
materiality 0.60
Allurion raises $2.5M via private placement; prelim Q4 rev $5.6M, FY rev ~$32M
ALLURION TECHNOLOGIES, INC.
- Private placement of 841,751 shares at $2.97/share for gross proceeds of $2.5M; option for additional $10M.
- Preliminary Q4 2024 revenue ~$5.6M; full-year revenue ~$32M, in line with guidance.
- Procedure volume growth (ex-France) ~4%, ahead of previously issued guidance.
- Proceeds extend runway through early 2026; used for working capital and general corporate purposes.
- Investment from funds affiliated with RTW Investments, LP; Roth Capital Partners acted as sole financial advisor.