Alvotech SA Files For Mixed Shelf Of Up To $100M
Portfolio Pulse from Benzinga Newsdesk
Alvotech SA has filed for a mixed shelf offering of up to $100 million, according to a SEC filing.
October 20, 2023 | 8:10 pm
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Alvotech SA's filing for a mixed shelf offering could potentially dilute existing shareholders' equity.
A mixed shelf offering allows a company to issue various types of securities such as common stock, preferred stock, debt securities, etc. This could potentially dilute the equity of existing shareholders, leading to a decrease in the stock price.
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