other material
confidence high
sentiment positive
materiality 0.70
Allurion completes 1-for-15 reverse stock split to support NYSE relisting
ALLURION TECHNOLOGIES, INC.
- Reverse split effective June 18, 2026; outstanding shares reduced from ~15M to ~1,000,417.
- Split intended to regain compliance with NYSE or NYSE American listing requirements.
- Common stock trades as "ALURD" on OTCQB for 20 days, then reverts to "ALUR".
- Public warrants adjusted: each warrant exercisable for 0.00378787 shares at $3,037.50.
- CEO reports constructive dialogue with national exchanges; advancing re-listing strategy.