NYSE to Commence Delisting Proceedings Against Allurion Technologies, Inc. (ALUR)
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The NYSE has announced the commencement of delisting proceedings against Allurion Technologies, Inc. (ALUR) due to the company's failure to meet the continued listing standard of maintaining an average global market capitalization of at least $15 million over a 30-day period. Trading in ALUR's common stock and warrants will be suspended immediately. The company has the right to appeal this decision to a Committee of the Board of Directors of the Exchange before the NYSE applies to the SEC for delisting.
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