Axelerated Solutions for Information and Communication Technology Co. issued the prospectus for offering 3 million shares on the Nomu- Parallel Market.
The offered shares represent 12% of the company’s pre-IPO share capital (10.71% of post-IPO capital), The company is currently capitalized at SAR 25 million. The post-IPO capital will amount to SAR 30 million, divided into 30 million shares at SAR 1 par value each.
The share sale will run for seven working days from May 15-21, 2025.
The Capital Market Authority (CMA) approved in December the application received from the company to register its shares for direct listing on Nomu.
The company was established in 2015 and is headquartered in Riyadh.
The company’s currently activity is managed and operating services, licensing programs, PCs and their accessories.
Company Profile
Company
Axelerated Solutions for Information and Communication Technology Co.
Market
Nomu – Parallel Market
Core Activities
ICT
Capital before IPO
SAR 25 mln
No. of Shares
25 mln
Capital after IPO
SAR 30 mln
Number of shares after IPO
30 mln
Share Par Value
SAR 1
IPO Summary
Issue Percentage
10.71% (12% of pre-IPO capital)
Offered shares
3.00 mln
IPO Minimum Limit
100 shares
IPO Maximum Limit
1399900 shares
Offer period
The share sale will run for seven working days from May 15-21, 2025.
Final Allocation
May 26, 2025
Refund (if any)
May 28
Company Shareholders
Shareholders
Before IPO
Post-Offering
No. of Shares
(mln)
Ownership (%)
No. of Shares
(mln)
Ownership (%)
Ahmed Abdulaziz Ibrahim Al-Usaili
10.00
40.00%
10.00
35.71%
Abdullah Abdulaziz Ibrahim Al-Usaili
7.50
30.00%
7.50
26.79%
Yousef Abdulaziz Ibrahim Al-Usaili
7.50
30.00%
7.50
26.79%
New shares to qualified investors
—
—
3.00
10.71%
Total
25.00
100%
28.00
100%
Additional Information
Financial Advisor and Lead Manager
Value Capital
Receiving Banks
Derayah Financial, SNB Capital, Al Rajhi Capital, Saudi Fransi Capital, Alinma Capital, Riyad Capital, Alistithmar Capital, Albilad Capital, ANB Capital, SAB Invest, Yaqeen Capital, Alkhabeer Capital, Sahm Capital, GIB Capital
Axelerated Solutions for Information and Communication Technology Co. issued the prospectus for offering 3 million shares on the Nomu- Parallel Market.
The offered shares represent 12% of the company’s pre-IPO share capital (10.71% of post-IPO capital), The company is currently capitalized at SAR 25 million. The post-IPO capital will amount to SAR 30 million, divided into 30 million shares at SAR 1 par value each.
The share sale will run for seven working days from May 15-21, 2025.
The Capital Market Authority (CMA) approved in December the application received from the company to register its shares for direct listing on Nomu.
The company was established in 2015 and is headquartered in Riyadh.
The company’s currently activity is managed and operating services, licensing programs, PCs and their accessories.
Company Profile
Company
Axelerated Solutions for Information and Communication Technology Co.
Market
Nomu – Parallel Market
Core Activities
ICT
Capital before IPO
SAR 25 mln
No. of Shares
25 mln
Capital after IPO
SAR 30 mln
Number of shares after IPO
30 mln
Share Par Value
SAR 1
IPO Summary
Issue Percentage
10.71% (12% of pre-IPO capital)
Offered shares
3.00 mln
IPO Minimum Limit
100 shares
IPO Maximum Limit
1399900 shares
Offer period
The share sale will run for seven working days from May 15-21, 2025.
Final Allocation
May 26, 2025
Refund (if any)
May 28
Company Shareholders
Shareholders
Before IPO
Post-Offering
No. of Shares
(mln)
Ownership (%)
No. of Shares
(mln)
Ownership (%)
Ahmed Abdulaziz Ibrahim Al-Usaili
10.00
40.00%
10.00
35.71%
Abdullah Abdulaziz Ibrahim Al-Usaili
7.50
30.00%
7.50
26.79%
Yousef Abdulaziz Ibrahim Al-Usaili
7.50
30.00%
7.50
26.79%
New shares to qualified investors
—
—
3.00
10.71%
Total
25.00
100%
28.00
100%
Additional Information
Financial Advisor and Lead Manager
Value Capital
Receiving Banks
Derayah Financial, SNB Capital, Al Rajhi Capital, Saudi Fransi Capital, Alinma Capital, Riyad Capital, Alistithmar Capital, Albilad Capital, ANB Capital, SAB Invest, Yaqeen Capital, Alkhabeer Capital, Sahm Capital, GIB Capital
