Purity Tech gets CMA nod to float 3M shares

11/06/2024 Argaam
Logo of Purity Tech Co.

Logo of Purity Tech Co.

The Capital Market Authority (CMA) approved, on June 10, Purity Tech Co.’s application to register and offer three million shares, representing 20% of its share capital, on the Nomu-Parallel Market.

 

The offering will be confined to qualified investors, and the prospectus will be published within the stipulated period prior to the offering, the market regulator said in a statement.

 

For More IPOs

 

The approval is valid for six months and will be canceled if the offering and listing are not finalized within this period.

 

Headquartered in Riyadh, the company offers professional solutions and information management services, software development, digital migration services, as well as managed services and support.

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