Balsm Alofoq’s Nomu offer price set at SAR 60/shr

04:34 PM (Mecca time) Argaam
Logo ofBalsm Alofoq Medical Co.

Logo of Balsm Alofoq Medical Co.

Yaqeen Capital, the financial advisor and lead manager of the initial public offering (IPO) of Balsm Alofoq Medical Co. on the Nomu-Parallel Market, set the offer price at SAR 60 per share, according to a statement to Tadawul.

 

The share sale will run for five working days from Dec.1-5, 2024, the statement added.

 

For More IPOs

 

The company plans to offer 250,000 shares, representing 20% of its post-IPO capital on the Nomu-Parallel Market, according to Argaam’s data.

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