REG-Alvotech Announces Closing of Public Offering and Full Exercise by Underwriters of Option to Purchase Additional Shares, Raising an Aggregate of $165 Million with Concurrent Private Placement
Alvotech closed a public offering and concurrent private placement, raising aggregate gross proceeds of approximately $165 million. The transaction involved the sale of 43.9 million ordinary shares at a price of $3.75 per share, with underwriters exercising their option in full.
Key figures
- Deal Value Usd
- 165000000
- Offering Price
- 3.75
- Total shares issued
- 43893333
- Gross proceeds public
- $98 million
- Gross proceeds private
- $67 million
- Shares outstanding post close
- 390431480
AI analysis
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