Future Vision’s Nomu offer price set at SAR 7/shr

Logo of Future Vision for Health Training Co.

Yaqeen Capital, the financial advisor and lead manager of the initial public offering (IPO) of Future Vision for Health Training Co. on the Nomu-Parallel Market, set the offer price at SAR 7 per share, according to a statement to Tadawul.

The bookbuilding process will run from April 6-10, the statement added.

For More IPOs

The company plans to float two million shares, representing 20% of its post-IPO capital, on Nomu, according to Argaam’s data.

Future Vision's pre-IPO capital amounted to SAR 8 million, divided into eight million shares, at a par value of SAR 1 apiece. After listing, the company's capital will reach SAR 10 million, with 10 million shares.