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Alvotech prices 22,666,667-share offering at $3.75 per share

PUBT·06/16/2026 03:50:18
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Alvotech prices 22,666,667-share offering at $3.75 per share
  • Alvotech priced an underwritten public offering of 22,666,667 ordinary shares at USD 3.75 per share.
  • Gross proceeds expected at about USD 85 million, rising to about USD 98 million if the overallotment is fully exercised.
  • Concurrent private placement set for 17,826,666 ordinary shares at USD 3.75, targeting about USD 67 million in gross proceeds.
  • Total gross proceeds expected at about USD 152 million, or about USD 165 million with full exercise of the overallotment option.
  • Net proceeds earmarked for biosimilar development, working capital, general corporate purposes, capital spending, acquisitions, collaborations, debt repayment or refinancing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alvotech SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606152350OMX_____CNEWS_EN_GNW1001187920_en) on June 16, 2026, and is solely responsible for the information contained therein.