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AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C Announces Closing of Initial Public Offering and Full Exercise of Over-Allotment Option
Prnewswire· 2025-10-22 21:17
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 Pricing of Initial Public Offering
Prnewswire· 2025-10-21 00:00
Core Points - The company, AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, has announced the pricing of its initial public offering (IPO) of 1,500,000 Class A ordinary shares at a public offering price of US$4.00 per share, totaling US$6 million [1][2] - The Class A Ordinary Shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol "AHMA" on October 21, 2025, with the offering expected to close on October 22, 2025 [2] - The underwriters have been granted a 45-day option to purchase up to 15% of the shares sold in the offering [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, serving a global client base [7] - The company specializes in event management and travel solutions, executing large-scale events and managing bespoke travel experiences across the UAE and other global destinations [7]