The Clap
Sure Global Tech submitted a document to register its shares on Nomu at an indicative price of SAR 70 per share.
The Deets
In 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 Price
The indicative price is a reference only to the company’s fair market value, the listing price for the first day.
Sure
The company was established in 2006, operating in the field of technical and management consultancy, human resources, and project management.
Sure’s Performance
Sure’s profits increased to SAR 18.1 million by the end of 2021, while revenues also increased by 38%.