29/06/2022

DEAL - IPO - SPAC

  SPAC is on the map

Luxembourg, 16 June 2022 – Arendt & Medernach assisted its long-standing client Alvotech, a Luxembourg public limited liability company, in its business combination with the Oaktree Acquisition Corp. II SPAC, and the subsequent listing of its shares and warrants on Nasdaq on 16 June 2022 (Ticker: ALVO) and Nasdaq First North Growth Market (Iceland, expected on 23 June 2022). The business combination included a USD 175 million PIPE raised.

Alvotech is a leading global biotech company founded by Robert Wessman, focused on the development and manufacture of biosimilar medicines for patients worldwide. Alvotech has built a vertically integrated platform for developing and manufacturing biosimilars at scale. The Arendt team assisted on all Luxembourg law aspects of the transaction, including the business combinations, question of listing of securities on foreign markets, financing and tax aspect as well as relevant governance matters. Lead counsel for Alvotech was Cooley LLP.

Arendt team involved:

YOU MIGHT ALSO WANT TO DISCOVER

10/08/2022
(Restricted access link)

Information about recent decisions of the Luxembourg and/or European courts.

(Restricted access link)
Corporate Governance and liabilities of the management body (October)
02/08/2022

Arendt & Medernach advised Bain Capital Private Equity on its joint ownership agreement wi...

Arendt & Medernach advised Bain Capital Private Equity on its joint ownership agreement with BC Partners of Italian producer Fedrigoni, a leading glob...
19/07/2022

Arendt has assisted Kalera in its business combination with Agrico Acquisition Corp. and s...

Arendt has assisted Kalera in its business combination with Agrico Acquisition Corp., which resulted in a listing of Kalera plc., an Irish public limi...
29/06/2022

Alvotech dual-listing completed

Arendt assisted Alvotech in its business combination with the Oaktree Acquisition Corp
09/06/2022

Arendt advised Bain Capital on its EUR multi-billion acquisition of a 55% stake in House o...

Arendt & Medernach advised Bain Capital Private Equity on its EUR multi-billion acquisition of a 55% stake in House of HR, a European recruitment spec...