CMA OKs Armah Sports 15% IPO on Nomu

22/06/2023 Argaam
Logo of Capital Market Authority (CMA)

Logo of Capital Market Authority (CMA)

The Capital Market Authority (CMA) approved on June 20 registering and offering 4.93 million shares, or 15% of Armah Sports Co.’s capital on Nomu-Parallel Market, according to a CMA statement.

 

The IPO will be confined to qualified investors and the prospectus will be published within sufficient time prior to the start of the offering.

 

The CMA's approval shall be valid for six months. It shall be deemed cancelled if the offering and listing are not completed within this period.

 

For More IPOs

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