Clean Life offering 567.9% oversubscribed

10/10/2023 Argaam

Clean Life offering 567.9% oversubscribed

Logo of Clean Life Co.

Watheeq Capital, the financial advisor on the initial public offering (IPO) of Clean Life Co. on Nomu-Parallel Market, announced that the offering of 300,000 shares, or 20% of the company’s capital, was completed.

 

Qualified investors fully subscribed to the offered shares and the offering was 567.9% oversubscribed. The offer price was set at SAR 112 a share.

 

The subscription period ran between Oct. 1-5.

 

Watheeq Capital will complete the required measures with the Saudi Exchange (Tadawul) and a date for the share listing on Nomu will be determined accordingly.

 

For More IPOs

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

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

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.

Most Read