CMA clears Abdulaziz Altwijri 1M-share Nomu IPO after prior cancellation

30/06/2025 Argaam
Logo ofAbdulaziz Altwijri Trading Co.

Logo of Abdulaziz Altwijri Trading Co.

The Capital Market Authority (CMA) approved today, June 30, the application submitted by Abdulaziz Altwijri Trading Co. to register and offer one million shares (20% of capital) on the Nomu-Parallel Market.

 

The offer will be limited to qualified investors as defined in the list of terms used in the regulations and rules of the CMA. The prospectus will be published well in advance of the offering's start date, the market regulator said in a statement.

 

For More IPOs

 

The CMA’s approval is valid for six months and will be void if the share offering and listing are not completed within this period.

 

Abdulaziz Altwijri had earlier invited qualified investors to subscribe to a 600,000-share offering on Nomu, starting June 11, 2023. However, due to undersubscription, the IPO was cancelled, according to Argaam’s data.

 

The earlier price range was set between SAR 60 and SAR 63 per share.

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