Approval of offering and registering Al-Khozami shares in the parallel market

Yesterday, the Board of Directors of the Capital Market Authority approved Al-Khozama Trading Company’s request to register its shares and offer (422,400) shares, representing (10.71%) of its shares in…
It will be limited to the categories of qualified investors stipulated in the list of terms used in the regulations and rules of the Capital Market Authority, and the prospectus will be published sufficiently before the start date of the offering.
Qualified investors wishing to purchase the offered shares must investigate and study the information disclosed in the prospectus.
If it is not possible to understand the contents of the prospectus, it is preferable to consult a licensed financial advisor before making any investment decision.
The Authority’s approval of the application must not be viewed as an endorsement of the feasibility of investing in the offering or in the shares of the company in question.
The Authority’s decision to approve the application means that the regulatory requirements have been complied with in accordance with the Financial Market Law and its executive regulations.
The Authority’s approval of the request is valid for a period of (6) months from the date of the Authority’s Council’s decision.
The approval will be deemed void if the offering and listing of the company’s shares is not completed during this period.