Yaqeen Capital, acting as the Financial Advisor and Lead Manager for the Almodawat Specialized Medical Company's offering on the Parallel Market "Nomu," has announced the successful completion of the offering. The offering consisted of a total of 475,000 ordinary shares, representing 20% of the Company's shares following a capital increase. The offering price was set at 111 SAR per share. During the subscription period, which ran from Sunday, 16/07/1445H (corresponding to 28/01/2024G) to Monday, 24/07/1445H (corresponding to 05/02/2024G), the subscription coverage reached 135.75% of the total shares offered.
Ahmed Saleh