Alvotech (ALVOW) Warrant
Each ALVOW warrant gives the holder the right to buy 1 share of Alvotech at $11.50 per share, until June 15, 2027. The stock last closed at $5.45, below the strike, so the warrant is out of the money. Alvotech has a market value of about $1.70B. There are 5.28M listed warrants; exercising all of them would add 1.7% to the 312.02M shares outstanding. The company can call the warrants if the stock trades at or above $10.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2027-06-15
- Redemption trigger
- $10.00
- Cashless exercise
- no
- Break-even stock price
- $11.76
From the issuer's F-1/A (2022-09-14).
Company and stock
- Company
- Alvotech
- Underlying stock
- ALVO
- Share price
- $5.45
- Market cap
- $1.70B
- Shares outstanding
- 312.02M
- 12-month range
- $3.00 – $8.98
- 12-month change
- -33%
- Value of all listed warrants
- $1.37M (0.1% of market cap)
- Industry
- Biological Products, (No Diagnostic Substances)
- Head office
- Luxembourg
- Incorporated in
- Luxembourg
Market cap is the last share price times shares outstanding (as of 2025-12-31). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2600
- Price / model
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Dilution
- Shares outstanding
- 312.02M
- Listed warrants
- 5.28M
- Dilution if all exercised
- 1.7%
Warrant count from filing notes, read by hand (medium): OACB public warrants (ex-Oaktree Acquisition Corp. II), $11.50.
Filings and events
- Terms source: F-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about ALVOW
When does the ALVOW warrant expire?
ALVOW expires on June 15, 2027.
What is the strike price of ALVOW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Alvotech redeem the ALVOW warrants early?
Yes. The company can call them if the share price reaches $10.00 for the required period (usually 20 of 30 trading days).
How many ALVOW warrants are outstanding?
5.28M listed warrants, equal to 1.7% dilution if all are exercised.
Related warrants
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