Alvarium Tiedemann Holdings (ALTI) has released an update.
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AlTi Global, Inc. has announced a private placement of its securities with Allianz Strategic Investments and Constellation Wealth Capital. Accompanying this news, the company will conduct a conference call to discuss the details. Furthermore, AlTi Global is preparing to file a proxy statement for stockholder approval on amendments to its certificate of incorporation and issuance of Class A common stock in relation to the Allianz transaction. This move could result in Allianz owning a significant stake in the company. Investors and stockholders are encouraged to read the upcoming proxy statement for important information before making any decisions.
For further insights into ALTI stock, check out TipRanks’ Stock Analysis page.
