Purity IPO on Nomu 597.40% covered

27/10/2024 Argaam
Logo ofPurity for Information Technology (PurityTech)

Logo of Purity for Information Technology (Purity Tech)

Yaqeen Capital concluded the offering for Purity for Information Technology (Purity Tech) on the Nomu-Parallel Market. The offering involved 3 million ordinary shares, representing 20% of the company’s total shares, priced at SAR 8 per share.

 

During the subscription period from Oct. 16 to Oct. 22, 2024, the offering achieved coverage of 597.40%, according to a statement to Tadawul.

 

For More IPOs

 

Yaqeen Capital will finalize the necessary procedures with the Saudi Exchange to set the listing date for Purity IT’s shares on the Nomu-Parallel Market, the statement added.

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