Allurion Announces Postponement of Special Meeting of Stockholders
April 03 2025 - 4:30PM
Business Wire
Meeting to Now be Held on Thursday, April 10,
2025 at 12:00 pm Via Live Audio Webcast
Allurion Technologies, Inc. (“Allurion” or the “Company”) (NYSE:
ALUR), a company dedicated to ending obesity, today announced that
its Special Meeting of Stockholders (the “Special Meeting”),
originally scheduled for Friday, April 4, 2025, has been postponed.
The Special Meeting is now scheduled to be held on Thursday, April
10, 2025 at 12:00 p.m. (Eastern Time) and will still be held
virtually via live audio webcast at
www.virtualshareholdermeeting.com/ALUR2025SM.
The record date for the Special Meeting, March 14, 2025, remains
unchanged and applies to the postponed Special Meeting.
The Special Meeting has been postponed to allow for further time
to solicit proxies from the Company’s stockholders and provide
stockholders with additional time to vote in order to facilitate
broader participation.
Stockholders who have already cast their votes do not need to
take any action, unless they wish to change or revoke their prior
proxy or voting instructions, and their votes will be counted at
the postponed Special Meeting. For stockholders who have not yet
cast their votes, we urge them to vote their shares now, so they
can be tabulated prior to the postponed Special Meeting.
The Company’s Board of Directors unanimously recommends that you
vote FOR the proposals identified in the Company’s Definitive Proxy
Statement for the Special Meeting.
Important Additional Information
Information with respect to the proposals to be considered at
the Special Meeting and instructions on how to vote can be found in
the Definitive Proxy Statement filed by the Company with the U.S.
Securities and Exchange Commission on March 24, 2025 with respect
to the Special Meeting. STOCKHOLDERS ARE URGED TO READ THE PROXY
STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED
BY THE COMPANY AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC
CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL
CONTAIN IMPORTANT INFORMATION ABOUT ANY SOLICITATION. Stockholders
may obtain a copy of the Proxy Statement at the SEC's web site
www.sec.gov or on the "Financials - SEC Filings" section of
Allurion’s website at
investors.allurion.com/financials/sec-filings.
If a stockholder has any questions about submitting a proxy or
requires assistance, please contact Innisfree M&A Incorporated,
Allurion’s proxy solicitor, toll-free at (877) 750-9499 or collect
at (212) 750-5833.
Whether or not stockholders plan to attend the postponed Special
Meeting online, we urge you to vote your shares as described in the
Definitive Proxy Statement for the Special Meeting. It is important
that every stockholder’s shares be represented at the Special
Meeting regardless of the number of shares held. The Company urges
stockholders to please consider the issues presented in the
Definitive Proxy Statement for the Special Meeting and promptly
vote the stockholder’s shares to ensure that such shares are
represented at the Special Meeting. Submitting a proxy now will not
prevent a stockholder from voting the stockholder’s shares at the
postponed Special Meeting if the stockholder desires to do so, as a
proxy is revocable at the stockholder’s option.
About Allurion Allurion is dedicated to ending obesity.
The Allurion Program is a weight-loss platform that combines the
Allurion Gastric Balloon, the world’s first and only swallowable,
Procedureless™ gastric balloon for weight loss, the Allurion
Virtual Care Suite, including the Allurion Mobile App for consumers
and Allurion Insights for healthcare providers featuring the Iris
AI Platform, and the Allurion Connected Scale. The Allurion Virtual
Care Suite is also available to providers separately from the
Allurion Program to help customize, monitor, and manage weight-loss
therapy for patients regardless of their treatment plan. The
Allurion Gastric Balloon is an investigational device in the United
States.
For more information about Allurion and the Allurion Virtual
Care Suite, please visit www.allurion.com.
Forward-Looking Statements This press release contains
certain forward-looking statements within the meaning of the U.S.
federal and state securities laws. These forward-looking statements
generally are identified by the words “believe,” “project,”
“expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,”
“opportunity,” “plan,” “target,” “may,” “should,” “will,” “would,”
“will be,” “will continue,” “will likely result,” and similar
expressions and include statements regarding the expected timing of
the postponed Special Meeting, achieving quorum, and obtaining
stockholder approval of the proposals included in the Proxy
Statement for the Special Meeting. Forward-looking statements are
predictions, projections and other statements about future events
that reflect the current beliefs and assumptions of Allurion’s
management based on information currently available to them and, as
a result, are subject to risks and uncertainties. Many factors
could cause actual future results or developments to differ
materially from the forward-looking statements in this press
release, including but not limited (i) the ability of Allurion to
obtain regulatory approval for and successfully commercialize the
Allurion Program, (ii) the timing of and results from its clinical
studies and trials, (iii) the evolution of the markets in which
Allurion competes and the rise of GLP-1 drugs, (iv) the ability of
Allurion to defend its intellectual property and satisfy regulatory
requirements, (v) the impact of the COVID-19 pandemic,
Russia-Ukraine war and Israel-Hamas war on Allurion’s business,
(vi) Allurion’s expectations regarding its market opportunities,
(vii) the outcome of any legal proceedings against Allurion, (viii)
the risk of economic downturns and a changing regulatory landscape
in the highly competitive industry in which Allurion operates, (ix)
uncertainties related to the ability of Allurion to achieve quorum
at the postponed Special Meeting, or at all, and obtain stockholder
approval of the proposals presented thereat, and (x) uncertainties
related to market conditions. The foregoing list of factors is not
exhaustive. You should carefully consider the foregoing factors and
the other risks and uncertainties described in the “Risk Factors”
section of the Company’s Annual Report on Form 10-K filed on March
27, 2025 and other documents filed by Allurion from time to time
with the U.S. Securities and Exchange Commission. These filings
identify and address other important risks and uncertainties that
could cause actual events and results to differ materially from
those contained in the forward-looking statements. Forward-looking
statements speak only as of the date they are made. Readers are
cautioned not to put undue reliance on forward-looking statements,
and Allurion assumes no obligation and does not intend to update or
revise these forward-looking statements, whether as a result of new
information, future events, or otherwise. Allurion does not give
any assurance that it will achieve its expectations.
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