Ring The Bell: MA Company Allurion Debuts On New York Stock Exchange

NATICK, MA — A Natick-based company just hit a major business milestone this week after debuting on the New York Stock Exchange.

Allurion Technologies, which will appear with the symbols “ALUR” and “ALUR WS,” respectively, made its debut on Wednesday after completing a business combination with Compute Health Acquisition Company.

The company's weight-loss platform includes an artificial intelligence platform, behavior change program and weight loss balloon, all aimed at "ending obesity," the company said in a news release.

“Since day one at Allurion, we have been dedicated to ending obesity through our full-stack weight loss platform consisting of our revolutionary balloon, artificial intelligence platform, and behavior change program,” said Shantanu Gaur, Co-Founder and Chief Executive Officer of Allurion, in the release.

“Weight management and artificial intelligence are two themes that will shape the next several decades of healthcare, and Allurion is doing pioneering work in both. The world-class syndicate of investors and partners that have backed this transaction puts us in an excellent position to fulfill our mission of ending obesity.”

Gaur was on-hand at the Stock Exchange Wednesday for the company's debut, which included officials getting to ring the bell for the day. Watch the video at the link here.

According to Axios, the company is the first health tech listing of 2023.