Alvarium Tiedemann Holdings (ALTI) has released an update.
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.
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