Alvotech (ALVO) Form 6-K — Jun 18, 2026
Alvotech announced the closing of its underwritten public offering of 26,066,667 ordinary shares at a price of $3.75 per share, generating approximately $98 million in gross proceeds. This total included the full exercise by the underwriters of their option to purchase an additional 3,400,000 shares. Concurrent with the offering, Alvotech entered into subscription agreements for a private placement of 17,826,666 ordinary shares at the same per-share price. The private placement is expected to yield approximately $67 million in gross proceeds and is anticipated to close on or about June 25, 2026.
Key figures
- Gross Proceeds
- 165000000
- Offering Price
- 3.75
- Shares Offered
- 26066667
- Shares Outstanding
- 390431480
- Greenshoe shares
- 3400000
- Private placement shares
- 17826666
- Public offering gross proceeds
- $98,000,000
- Private placement gross proceeds
- $67,000,000
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