Yaqeen Capital Company, acting as the Financial Advisor and Lead Manager for the potential offering of Almodawat Specialized Medical Company ("Almodawat"), announces key details on behalf of Almodawat. The offering price range has been established at SAR (93 - 111) per share, encompassing a Qualified Investors Book-Building Period. The offering comprises (475,000) ordinary shares, constituting 20% of the Company's issued share capital post the capital increase.
Qualified Investors are eligible for the allocation of (475,000) Shares, representing the entirety of the Offer Shares. Each subscribing Qualified Investor is required to apply for a minimum of (10) Offer Shares, with an option to bid for a maximum of (118,510) Offer Shares. The bidding and book-building period for Qualified Investors is scheduled to commence on January 28, 2024, and conclude on February 5, 2024.
