Sama Water’s Nomu IPO closes 240.3x oversubscribed
Excess funds will be refunded tomorrow
Available in your choice of English or Arabic
Excess funds will be refunded tomorrow
Institutional investors began submitting bids yesterday
The tech company could raise up to SAR 24 mn in IPO proceeds
The proceeds of the sale will be used to buy new assets
IPO proceeds will be used to finance the company’s expansion plans + hike its capital
Shares debuted at SAR 66 apiece
Offering proceeds will be distributed among selling shareholders pro-rata
The company’s shares debuted at SAR 94.0 per share
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