Itmam Consulting issues prospectus for Nomu IPO
Some 3 mn shares will be up for grabs
Available in your choice of English or Arabic
Some 3 mn shares will be up for grabs
The final pricing should see Almoosa lock in SAR 1.7 bn in proceeds
The final pricing could see Nice One raise up to SAR 1.2 bn in proceeds
Qualified investors will be able to subscribe to the IPO starting Sunday, 15 December
Proceeds are earmarked for expansion, marketing drives, and working capital
Saudi equity markets are expected to rebound in 2025
The proceeds will go to supporting the company’s expansion plan
The IPO is shaping up to be the year’s second largest offering
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