Yaqeen Capital Company announces the offering price for the shares of Arabica Star company
Yaqeen Capital, as Financial Advisor and Lead Manager for the Offering of Arabica Star company (the “Company”) on the Parallel Market “Nomu”, announces that the Offering has been concluded, and the offering for the total of (275,000) ordinary shares representing (20%) of the Company’s shares. Offering price: (64) SAR per share. (“the Offering”) coverage was (1,606.83%) of the total shares offered during the subscription period from Sunday 17 November 2024G and ends on Thursday 21 November 2024G. Yaqeen Capital, as Financial Advisor and Lead Manager will finalize the required procedures with the Saudi Stock Exchange and then determine the date for listing of the shares of Arabica Star on the Parallel Market “Nomu”. Information and details regarding the Offering are available in the prospectus of the Company, please visit the Capital Market Authority website: https://cma.org.sa/Market/Prospectuses/Documents/arabica_star_ar.pdf
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