Allurion Technologies performs reverse stock split to meet listing requirements

Updated at: June 18, 2026 at 12:45 AM

Allurion Technologies, a medical device company best known for its innovative, procedure-less swallowable gastric balloon for weight loss, has recently taken significant financial steps to remain listed on major stock exchanges.

nounAllurion Technologies

nounmedical device

adjectiveswallowable

nounweight loss

Like many small-cap companies facing price volatility, Allurion has used reverse stock splits to consolidate its shares and boost its market price.

nounprice volatility

verbconsolidate

In January 2025, the company implemented a 1-for-25 reverse split to address concerns regarding the New York Stock Exchange's minimum bid price requirements.

nounJanuary 2025

nounNew York Stock Exchange

This move was designed to help the company regain compliance with NYSE listing standards, effectively reducing its outstanding shares from 15 million to approximately 1 million.

nouncompliance

While these corporate actions are technical in nature—involving adjustments to equity awards and warrants—they highlight the operational challenges Allurion faces, including revenue contraction and the need to strengthen its overall capital market standing.

adjectiveoperational

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Comprehension Questions

Why did Allurion Technologies implement a 1-for-25 reverse stock split in January 2025?

To change the company name and branding strategy.

To increase the market price of the common stock to meet the minimum bid price requirement.

To increase the total number of outstanding shares for investors.

Reveal Answer

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Correct Choice

To increase the market price of the common stock to meet the minimum bid price requirement.

What happened to Allurion's trading symbol immediately following the June 2026 split?

It was changed to the temporary symbol ALURD for 20 days.

It was permanently changed to ALLU.

It was removed from the market entirely.

Reveal Answer

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Correct Choice

It was changed to the temporary symbol ALURD for 20 days.

What is the primary medical product developed by Allurion Technologies?

A specialized diet supplement pill.

A surgical weight loss procedure involving staples.

A swallowable, procedure-less intragastric balloon.

Reveal Answer

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Correct Choice

A swallowable, procedure-less intragastric balloon.

What occurred to fractional shares during the June 2026 reverse stock split?

Fractional positions were rounded up to the nearest whole share.

They were cancelled without compensation.

They were converted into cash payments.

Reveal Answer

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Correct Choice

Fractional positions were rounded up to the nearest whole share.

What is a major strategic reason for a company to perform a reverse stock split?

To boost the per-share price to meet exchange listing mandates.

To lower the company's valuation to attract more day traders.

To reduce the amount of corporate debt held by banks.

Reveal Answer

✓

Correct Choice

To boost the per-share price to meet exchange listing mandates.

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