Horizon Food prices IPO on Nomu at SAR 37/share

26/02/2023 Argaam
Logo of Horizon Food Co.

Logo of Horizon Food Co.

Wasatah Capital, the financial advisor on the initial public offering (IPO) of Horizon Food Co. on Nomu-Parallel Market, set the offer price at SAR 37 per share.

 

The offering will run from March 5-9, the company said in a statement to Tadawul.

 

In December 2022, the Capital Market Authority (CMA) approved the application received from the company to offer 1.6 million shares, or 20% of its capital, on Nomu, Argaam earlier reported.

 

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