‎Raoom receives share sale request from major shareholder

‎Raoom receives share sale request from major shareholder

Logo Design of Raoom Trading Co.


Raoom Trading Co.gotten today, Feb. 4, a letter from Abdulaziz Al Humaid, among Raoom’s creators and significant investors, revealing his objective to offer part of his stake in the business.

In a declaration toTadawulRaoom stated this choice is tailored towards fulfilling an essential requirement for transitioning to the primary market (TASI), particularly the liquidity condition.

The business acknowledged that this action would cause a modification in the list of significant stakeholders.

According to information readily available onArgaamAl Humaid owns 2.65 million shares in Raoom, representing 42.2% of the business’s capital.

In December 2022, the business’s board of directors authorized the shift from the Nomu-Parallel Market to TASI.

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