MC4 IPO: Subscription period, key dates

02/10/2024 Argaam
Logo ofFourthMillingCo. (MC4)

Logo of Fourth Milling Co. (MC4)


Retail investors start today, Oct. 2, subscribing to 32.4 million of Fourth Milling Co.’s (MC4) shares at SAR 5.3 apiece.

 

For More IPOs

 

The retail offering will run for two days, ending tomorrow, Oct. 3.

 

The company floated 162 million shares, or 30% of its capital, on the Main Market (TASI). Retail investors were allocated 20% of total offered shares, while institutions got the remaining 80%.

 

Key Offering Dates

Retail Offering

Oct. 2-3, 2024

Final Date for Subscription

Oct. 3, 2024

Final Allocation

Oct. 6, 2024

Surplus Refund

Oct. 9, 2024

Expected Debut Date

After completing all related regulatory procedures

 

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