‎Alwazn Almithaly Nomu IPO incomplete

‎Alwazn Almithaly Nomu IPO incomplete ‎Alwazn Almithaly Nomu IPO incomplete

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Logo ofAlwazn Almithaly Co.

Alwazn Almithaly Co. announced the incompletion of its initial public offering (IPO) on the Nomu-Parallel Market, according to a Tadawul statement.

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The IPO is considered void, and the subscription amounts will be refunded to subscribers within two working days maximum.

According to Argaam data, qualified investors have recently started subscribing to 451,500 shares of Alwazn Almithaly, with the price range set between SAR 75-78 each.

The floated shares represent 15% of the company’s capital reaching SAR 30.1 million, divided into 3.01 million shares, at a par value of SAR 10 each.

 

Logo ofAlwazn Almithaly Co.

Alwazn Almithaly Co. announced the incompletion of its initial public offering (IPO) on the Nomu-Parallel Market, according to a Tadawul statement.

The IPO is considered void, and the subscription amounts will be refunded to subscribers within two working days maximum.

According to Argaam data, qualified investors have recently started subscribing to 451,500 shares of Alwazn Almithaly, with the price range set between SAR 75-78 each.

The floated shares represent 15% of the company’s capital reaching SAR 30.1 million, divided into 3.01 million shares, at a par value of SAR 10 each.

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