Axelerated Solutions for Information and Communication Technology Co. announced on July 12, 2026 that it has received approval from the Capital Market Authority, dated July 9, 2026, to increase its capital from SAR 28,000,000 to SAR 56,000,000, representing a 100% capital increase. The increase will be executed through the issuance of one bonus share for every one existing share held by shareholders registered in the Securities Depository Center as of the closing of the second trading day after the record date, which will be determined by the Company's Board of Directors at a later stage.

Original announcement:

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