Core Points - Univest Securities, LLC announced the closing of an initial public offering for AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, 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][2] - The Class A Ordinary Shares began trading on the Nasdaq Capital Market under the ticker symbol "AHMA" on October 21, 2025 [2] Company Overview - AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C is a UAE-based provider of MICE (meetings, incentives, conferences, and exhibitions) and tourism services, offering event management and travel solutions globally [7] - The company is supported by an experienced management team and partnerships across the tourism and hospitality sectors in the Middle East, Europe, Africa, and the Americas [7] Investment Banking Details - Univest Securities, LLC and AC Sunshine Securities LLC acted as joint bookrunners for the offering, with legal counsel provided by Hunter Taubman Fischer & Li and Ortoli Rosenstadt LLP [3] - A registration statement on Form F-1 was filed with the SEC and declared effective on September 30, 2025 [4]
Univest Securities, LLC Announces Closing of $6.9 Million Initial Public Offering for its Client AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C (NASDAQ: AHMA)