Thndr Claps » Saudi Claps » IPO Watch 👀 » Sure Tech sets price for its shares 🚀
The ClapSure Global Tech submitted a document to register its shares on Nomu at an indicative price of SAR 70 per share.The DeetsIn order to meet the liquidity requirements of the listed shares, Sure agreed to allocate 1.284 million shares to its shareholders, representing 25.04% of its total shares.The company has authorized Yaqeen Capital to offer and sell the shares in the market.The company’s capital is SAR 51.3 million, divided into 5.13 million shares.Indicative PriceThe indicative price is a reference only to the company’s fair market value, the listing price for the first day.SureThe company was established in 2006, operating in the field of technical and management consultancy, human resources, and project management. Sure’s PerformanceSure’s profits increased to SAR 18.1 million by the end of 2021, while revenues also increased by 38%.
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