Rayan Advanced Industrial extends Nomu IPO subscription period to Dec. 1

24/11/2022 Argaam
Logo ofRayan Advanced Industrial Co.

Logo of Rayan Advanced Industrial Co. 

Rayan Advanced Industrial Co. announced today, Nov. 24, its supplementary prospectus to float two million shares in an initial public offering (IPO) on Nomu-Parallel Market, including amendments to the initial prospectus.

 

The company extended the subscription period to run for 10 instead of five working days until Dec. 1 rather than Nov. 24. Accordingly, the allocation and surplus refund dates were also changed to Dec. 6 and Dec. 8, respectively.

 

Qualified investors started, on Nov. 20, subscription to 20% of Rayan Advanced Industrial’s share capital on Nomu, with an IPO price of SAR 72 per share, Argaam earlier reported.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
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.