Allurion Technologies Inc. announced that it has entered into a definitive business combination agreement led by new investor, RTW Investments, LP on February 9, 2023. Business Combination Agreement, the Company and Pubco entered into subscription agreements with certain investors pursuant to which, upon the terms and subject to the conditions set forth therein, the Investors, among other things, have subscribed to purchase an aggregate of 5,386,695 shares of Pubco Common Stock for a purchase price of $7.04 per share for an aggregate purchase price of $37,922,363, which shares are to be issued immediately prior to the Intermediate Merger Effective Time. The Company and Pubco may also enter into additional Subscription Agreements following the execution of the Business Combination Agreement.

The obligations of each party to consummate the Subscriptions are conditioned upon, among other things, customary closing conditions and the consummation of the Proposed Transactions. Omar Ishrak, chairman of the board of directors of the Company, has entered into a Subscription Agreement with an aggregate purchase price of $5,000,000.