Riyadh - Mubasher: Yaqeen Capital, the financial advisor and lead manager for the offering of Basma Adeem (Smile Care) shares in the parallel market (Nomu), announced the completion of the offering of 4 million ordinary shares, representing 20% of the company’s shares after the offering and capital increase.

Yaqeen Financial clarified, according to a statement on “Tadawul” today, Wednesday, that the offering price was set at 4.40 Saudi riyals per share, as the coverage rate reached 1981.27% of the total shares offered, during the period from Monday, January 13, to Sunday, January 19, 2025.

Yaqeen Financial added that, as the financial advisor and subscription manager, it will complete the necessary procedures with the Saudi Tadawul Group and then determine the date for listing Basma Adeem Company shares on the parallel market “Nomu”.