Logo design ofAl-Modawat Specialized Medical Co.
Yaqeen Capital, the monetary consultant and lead supervisor for the going public (IPO) of Al-Modawat Specialized Medical Co. on the Nomu-Parallel Market, revealed the conclusion of the offering’s membership for an overall of 475,000 regular shares, representing 20% of the business’s post-IPO capital.
The IPO cost for the provided shares was set at SAR 111 per share, with a protection ratio of 135.75%, according to a filing to the Saudi Exchange (Tadawultoday, Feb. 8.
Yaqeen Capital will settle the needed treatments with Tadawul and after that identify the date for noting Al-Modawat’s shares on Nomu, it included.
According to information put together by ArgaamAl-Modawat drifted 475,000 normal shares on Nomu, representing 20% of the business’s post-IPO capital of SAR 23.75 million divided into 2.38 million shares.
Certified financiers’ membership duration ended on Feb. 5.