Alvotech Prices $85M Share Offering at $3.75, Below Market Price
Reported by Reuters
Sentiment
Negative
Importance
8
Price
$3.91
Mkt Cap
$1.323B
52W Low
$2.94
52W High
$9.94
Market data snapshot near publication time
Summary
Alvotech has priced its public offering of 22.67 million ordinary shares at $3.75 per share, raising approximately $85 million. This follows yesterday's announcement of a proposed offering that could have raised up to $125 million. The offering price is below the current market price of $3.91, which will result in dilution for existing shareholders. This capital raise is a material financing event for the company.
At the time of this announcement, ALVO was trading at $3.91 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $2.94 to $9.94. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Reuters.
Price Chart
ALVO - Latest Insights
ALVO
Jun 16, 2026, 12:02 AM EDT
Price at Filing:
$3.91
Real-time Price:
$3.91
Change:
$0 (0%)
Market Cap:
$1.323B
ALVO
Jun 15, 2026, 11:50 PM EDT
Price at Filing:
$3.91
Real-time Price:
$3.91
Change:
$0 (0%)
Market Cap:
$1.323B
ALVO
Jun 15, 2026, 5:27 PM EDT
Price at Filing:
$3.89
Real-time Price:
$3.91
Change:
+$0.020 (+0.51%)
Market Cap:
$1.323B
ALVO
Jun 15, 2026, 4:05 PM EDT
Price at Filing:
$3.85
Real-time Price:
$3.91
Change:
+$0.060 (+2%)
Market Cap:
$1.323B
ALVO
Jun 15, 2026, 4:01 PM EDT
Price at Filing:
$3.56
Real-time Price:
$3.91
Change:
+$0.350 (+10%)
Market Cap:
$1.323B
ALVO
Jun 08, 2026, 4:34 PM EDT
Price at Filing:
$4.19
Real-time Price:
$3.91
Change:
-$0.275 (-7%)
Market Cap:
$1.323B
ALVO
Jun 08, 2026, 4:00 AM EDT
Price at Filing:
$3.80
Real-time Price:
$3.91
Change:
+$0.110 (+3%)
Market Cap:
$1.323B
ALVO
Jun 04, 2026, 9:18 AM EDT
Price at Filing:
$3.23
Real-time Price:
$3.91
Change:
+$0.680 (+21%)
Market Cap:
$1.323B
ALVO
May 06, 2026, 4:30 PM EDT
Price at Filing:
$3.20
Real-time Price:
$3.91
Change:
+$0.710 (+22%)
Market Cap:
$1.323B
ALVO
Mar 30, 2026, 7:28 PM EDT
Price at Filing:
$3.14
Real-time Price:
$3.91
Change:
+$0.770 (+25%)
Market Cap:
$1.323B