R. Jason Richey
appointed R. Jason Richey to the Board as a Class II director
Highest-materiality recent filing
Allurion Technologies dismisses Deloitte & Touche, appoints CBIZ; discloses material weaknesses
Deloitte & Touche LLP dismissed as independent auditor effective May 22, 2026; Audit Committee approved.
NYSE notified Allurion on March 6, 2026 of delisting for failing to maintain $15M average global market cap over 30 consecutive days.
NYSE notified Allurion it fails Section 802.01B: requires ≥$50M stockholders' equity or ≥$50M market cap on 30-day average.
Allurion warrant inducement: $3M gross proceeds, exercise price cut to $1.15
Exercising holders purchase 2,659,565 shares at $1.15; Company expects $3.0M gross proceeds.
FDA grants PMA approval for Allurion gastric balloon system for obesity
Allurion Smart Capsule approved for adults 22-65 with BMI 30-40 kg/m² after unsuccessful weight loss attempt.
Allurion Q4 revenue up 22-37% QoQ; FY2025 revenue ~$15M
Q4 2025 revenue $3.3-3.7M (22-37% QoQ increase); full-year revenue ~$15M.
Re-elected directors Omar Ishrak, M.D., Douglas Hudson, and R. Jason Richey to serve until 2028 annual meeting.
Allurion becomes debt-free via preferred equity exchange, raises $5M, Q3 revenue falls 50%
Exchanged all Notes and RIFA debt for Series B convertible preferred stock with $1,000 stated value, 8.25% dividend; company becomes debt-free.
Allurion restates financials for 2023-2024 and Q1 2025 due to fair-value accounting errors
Non-reliance on prior financial statements for annual periods 2023-2024 and Q1 2025 due to RIFA and Notes fair value errors.
Allurion Q2 revenue plunges to $3.4M; restructure, potential restatement of non-cash items
Q2 2025 revenue $3.4M, down 71% YoY from $11.8M; gross margin 74% vs 76%.
Allurion cuts ~65% workforce, reports preliminary Q2 revenue ~$3M, shifts to GLP-1 combo therapy
Preliminary Q2 2025 revenue ~$3M, operating loss ~$7M, improved from $9.3M loss in Q2 2024; operating expenses down ~50% YoY.
Allurion Q1 revenue $5.6M, net operating loss narrows 36% YoY; maintains FY 2025 guide
Q1 revenue of $5.6M (down 40% YoY); gross margin expanded to 75% from 73% YoY.
Allurion amends notes; $5M converted at $3.35 as market cap falls below $15M
Second Amendment to Note Purchase Agreement with RTW Investments added conversion provisions triggered by sub-$15M market cap.
Allurion Q4 revenue $5.6M, down 32% YoY; guides 2025 rev ~$30M, 50% opex cut
Q4 revenue $5.6M (down 32% YoY); full-year $32.1M; 2025 guidance ~$30M.
Issued 900,000 shares of common stock at $5.23/share and 1,800,000 warrants (exercise $5.23, 5-year term, exercisable only after stockholder approval).
Gross proceeds of approximately $7.5 million from sale of 1,240,000 shares at $6.00 per share with accompanying warrants.
Allurion raises $2.5M via private placement; prelim Q4 rev $5.6M, FY rev ~$32M
Private placement of 841,751 shares at $2.97/share for gross proceeds of $2.5M; option for additional $10M.
Omnibus Amendment imposes minimum cash balances and minimum trailing 12-month revenue tested quarterly starting Q3 2025.
Allurion shareholders approve reverse stock split and share issuances at 2024 annual meeting
Class I directors re-elected: Shantanu Gaur, Krishna Gupta, Nicholas Lewin; votes for ranged 27.2M-33.7M.
Allurion Q3 revenue $5.4M, down 70% YoY; FY2024 guidance cut to $30-35M
Revenue $5.4M vs $18.2M prior year, includes $1.2M France recall charge; gross margin fell to 58% from 77%.
Allurion receives NYSE notice for market cap non-compliance; stock to trade with ".BC"
NYSE notified Allurion avg market cap <$50M over 30 days ended Aug 29, 2024 and equity <$50M.
Allurion receives NYSE deficiency notice for average stock price below $1.00
30-day average closing price below $1.00 as of Aug 8, 2024 triggered NYSE non-compliance notice.
Q2 2024 revenue $11.8M, up 25% sequentially from Q1 but down from $13M in Q2 2023.
Allurion Balloon sales suspended in France; device withdrawn pending remediation plan
French regulator ANSM suspended sales; Allurion withdrawing device from French market.
Allurion prices $20M public offering and $2.7M private placement with RTW
Public offering of 14.4M shares + warrants at $1.20/share for $17.3M gross; underwriters have 30-day option for 15% more.
appointed R. Jason Richey to the Board as a Class II director
Shantanu Gaur, Chief Executive Officer of the Company, will serve as the Company’s principal financial officer and principal accounting officer, effective as of the close of business on November 13, 2024, until a replacement for Mr. Geberth is found.
Christopher Geberth, Chief Financial Officer of Allurion Technologies, Inc. (the “Company”), notified the Company of his decision to resign, effective as of the close of business on November 13, 2024, to pursue other interests.
On September 2, 2024, the Board of Directors (the "Board") of Allurion Technologies, Inc. ("Allurion" or the "Company") appointed Keith Johns to the Board as a Class III director to fill a vacancy created by an increase in the size of the Board from seven members to eight members, effective September 2, 2024.
Max materiality 0.85 · Median 0.70 · Most common event other_material