Alvotech SA has announced its intention to proceed with a private placement of approximately 7.5 million SDRs and ordinary shares. The company emphasizes that potential investors should conduct their own analysis and evaluation of the business and the available information. This move is part of Alvotech's broader strategy, although the company acknowledges that the price and value of securities can fluctuate. Alvotech's forward-looking statements indicate expectations about the placement's timing, anticipated proceeds, and the number of securities to be offered, but also highlight various risks and uncertainties that could affect outcomes.
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