‎Axelerated Solutions’ Nomu IPO 208.1% oversubscribed

‎Axelerated Solutions’ Nomu IPO 208.1% oversubscribed ‎Axelerated Solutions’ Nomu IPO 208.1% oversubscribed

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Logo ofAxelerated Solutions for Information and Communication Technology Co.

Value Capital, financial advisor and lead manager of the initial public offering (IPO) ofAxelerated Solutions for Information and Communication Technology Co.on theNomu-Parallel Market, announced completing the offering of 3 million shares, or 10.71% of the post-IPO capital.
The final offering price was set at SAR 27 per share, with the offering 208.10% oversubscribed during the subscription period, which ran from Thursday, 15 May 2025, to Wednesday, 21 May 2025.
Value Capital further stated that it will complete the necessary procedures with the Saudi Tadawul Group, after which the listing date on the Nomu – Parallel Market will be announced.

 

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Logo ofAxelerated Solutions for Information and Communication Technology Co.

Value Capital, financial advisor and lead manager of the initial public offering (IPO) ofAxelerated Solutions for Information and Communication Technology Co.on theNomu-Parallel Market, announced completing the offering of 3 million shares, or 10.71% of the post-IPO capital.
The final offering price was set at SAR 27 per share, with the offering 208.10% oversubscribed during the subscription period, which ran from Thursday, 15 May 2025, to Wednesday, 21 May 2025.
Value Capital further stated that it will complete the necessary procedures with the Saudi Tadawul Group, after which the listing date on the Nomu – Parallel Market will be announced.
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