NYSE to Commence Delisting Proceedings Against Allurion Technologies, Inc. (ALUR)
Businesswire·2026-03-02 13:45

Core Viewpoint - The New York Stock Exchange (NYSE) has initiated delisting proceedings against Allurion Technologies, Inc. due to non-compliance with listing standards, specifically regarding stockholders' equity and market capitalization requirements [1]. Summary by Relevant Sections Delisting Proceedings - NYSE Regulation has determined that Allurion Technologies, Inc. is no longer suitable for listing as it failed to demonstrate compliance with the applicable listing standards by the end of the maximum plan period [1]. - The company was previously deemed below compliance with the NYSE's continued listing standard, which requires at least $50 million in stockholders' equity or total market capitalization on a 30-trading day average basis [1]. Company Rights and Next Steps - Allurion Technologies has the right to request a review of the delisting determination by a Committee of the Board of Directors of the Exchange [1]. - The NYSE will announce the suspension date for trading in the company's securities if the company does not request a review within 10 business days or if it decides not to appeal the delisting determination [1].