IssuerAnnouncementDetailsV2Portlet
Value Capital Company announces the Offering Price for Axelerated Solutions for Information and Communication Technology Company in the Saudi Exchange’s Parallel Market (“Nomu”).
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Announcement Detail | Value Capital Company in its capacity as the Financial Advisor and Lead Manager on the potential offering of Axelerated Solutions for Information and Communication Technology Company (the “Company” or “Axelerated Solutions”) announces on behalf of the Company that the offering price is set at SAR (27) per share. • The Offering is comprised of (3,000,000) ordinary shares representing (10.71%) of the Company’s shares post Offering (the “Offer Share”). • The number of Offer Shares that will be allocated to Qualified Investors is (3,000,000) Shares, representing (100%) of the total number of Offer Shares. • Each Qualified Investor who subscribes for the Offer Shares must apply for a minimum of (100) Offer Shares and a maximum of (1,399,900) Offer Shares. • Offering period for Qualified Investors: starts on 15 May 2025G and ends on 21 May 2025G. • For more information and for the Red Herring Prospectus [in Arabic], please visit the Capital Market Authority website: https://cma.org.sa/Market/Prospectuses/Documents/axelerated_solutions_ar.pdf |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.