Riyadh - Mubasher: The subscription in the shares of Basma Adeem Medical Company begins today, Monday, January 13, 2025, on the parallel market, Nomu Market, with a price range per share ranging between 4: 4.40 riyals, and the subscription will continue until Sunday, January 19.

The offering size is approximately 4 million shares, and Yaqeen Financial Company is managing the subscription.

It is noteworthy that Yaqeen Capital, in its capacity as the financial advisor and subscription manager for the potential offering of Basma Adeem Medical Company, announced in late December the company’s intention to offer 4 million shares, representing 20% of the company’s total capital after the offering, and to list the company’s shares on the parallel market “Nomu”.

Basma Adeem Medical Company obtained the market’s approval on September 22, 2024 to list its shares in the parallel market, and the Capital Market Authority’s approval on October 23, 2024 to register and offer the company’s shares for subscription in the parallel market .