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Alvotech prices unregistered sale of 17,826,666 shares at $3.75 each

PUBT·06/16/2026 03:51:07
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Alvotech prices unregistered sale of 17,826,666 shares at $3.75 each
  • Alvotech priced a concurrent private placement of 17,826,666 ordinary shares at USD 3.75 each.
  • Gross proceeds expected at about USD 67 million; deal structured as an unregistered sale to certain EEA professional investors.
  • Private placement expected to close on or about June 25, 2026; completion depends on the public offering closing.
  • Total gross proceeds from the public offering and private placement expected at about USD 152 million, or about USD 165 million with full option exercise.
  • Proceeds earmarked for biosimilar development, working capital, general corporate purposes, and potential 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 on June 16, 2026, and is solely responsible for the information contained therein.