Core Points - AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C has successfully closed its initial public offering, raising gross proceeds of US$6.9 million by offering 1,725,000 Class A ordinary shares at a price of US$4.00 per share [1] - The shares began trading on the Nasdaq Capital Market under the ticker symbol "AHMA" on October 21, 2025 [1] - The offering included an over-allotment option that was fully exercised, resulting in an additional 225,000 shares being issued [1] Company Overview - AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C is a UAE-based provider of MICE (meetings, incentives, conferences, and exhibitions) and tourism services, catering to a global client base [6] - The company specializes in event management and offers comprehensive travel solutions, managing large-scale events and bespoke travel experiences across the UAE and other global destinations [6]
AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C Announces Closing of Initial Public Offering and Full Exercise of Over-Allotment Option