Horizon Educational set for Nomu debut on Sunday
The school operator is taking a 20% stake to Nomu
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The school operator is taking a 20% stake to Nomu
Yaqeen is a top advisor to other companies filing to go public on Nomu
This would give the company a post-IPO market cap of SAR 250 mn
The final price gives the company a post-IPO market cap of SAR 135 mn
The offering was 6.8x oversubscribed
The offering could give the company a SAR 90 mn market cap post-listing.
The IPO’s net proceeds are earmarked for the company’s selling shareholders after deducting transaction-related expenses
Al Dawliah has tapped Yaqeen Capital as its financial advisor
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