Abdulaziz Altwaijri’s Nomu subscription incomplete: Yaqeen Capital

22/06/2023 Argaam
Logo of Abdulaziz Altwaijri Trading Co.

Logo of Abdulaziz Altwaijri Trading Co.


Yaqeen Capital, in its capacity as the financial advisor and subscription manager for Abdulaziz Altwaijri Trading Co.’s offering on the Nomu-Parallel Market, announced the incompletion the planned IPO due to undersubscription.

 

In a statement on Tadawul, Yaqeen Capital pointed out that the subscription to the company’s shares is void. The collected subscription amounts will be refunded to subscribers starting today, June 22.

 

For More IPOs

 

On June 11, Abdulaziz Altwaijri had issued the prospectus to float 600,000 shares on Nomu, Argaam earlier reported.

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.