Core Insights - Micropolis Holding Co. has signed a non-legally binding Memorandum of Understanding (MoU) with SEE Holding Ltd to support the development of The Sustainable City 2.0, which is AI-driven, net zero, and human-centric [1][4] - The partnership will enable the deployment of advanced robotics, AI surveillance systems, smart mobility applications, and edge computing across SEE Holding's sustainable city projects globally [2][4] - This collaboration builds on a long-standing relationship, with SEE Holding being one of Micropolis' first investors since its inception in 2014 [3] Company Overview - Micropolis specializes in the design, development, and manufacturing of autonomous mobile robots (AMRs), AI systems, and smart infrastructure for urban, security, and industrial applications [7] - The company has vertically integrated capabilities that encompass mechatronics, embedded systems, AI software, and high-level autonomy [7] Strategic Partnership Details - The MoU outlines a strategic partnership focused on integrating AI and robotics into The Sustainable City 2.0's infrastructure, including command systems for city operations and autonomous fleets [4][6] - A joint R&D program will be initiated to enhance sustainable urban technologies, aiming to improve operational efficiency, resident experience, and environmental performance [5] SEE Holding Overview - SEE Holding is a UAE-based global holding group focused on sustainable infrastructure and city development through its operational verticals: SEE Solutions, SEE Developers, and SEE Engineering [8] - The company is committed to achieving net zero emissions and developing inclusive communities that prioritize education, healthcare, and overall well-being [9]

Core Viewpoint - Micropolis Holding Company has announced the pricing of its initial public offering (IPO) of 3,875,000 Ordinary Shares at $4.00 per share, aiming for total gross proceeds of $15.5 million before underwriting discounts and expenses [1][3]. Group 1: Offering Details - The Ordinary Shares are set to begin trading on the NYSE American under the ticker symbol "MCRP" on March 7, 2025, with the offering expected to close on March 10, 2025, pending customary closing conditions [1]. - The underwriters have an option to purchase up to 581,250 additional Ordinary Shares within 45 days of the closing of the offering to cover over-allotments [2]. - The offering was conducted on a firm commitment basis, with Network1 Financial Securities, Inc. acting as the sole book-running manager [4]. Group 2: Use of Proceeds - Micropolis plans to utilize the proceeds from the offering for various purposes, including talent acquisition, marketing, acquisition of machinery and advanced equipment, R&D expenses, repayment of related party loans, and general corporate purposes [3]. Group 3: Company Background - Micropolis is a robotics manufacturer founded in 2014, based in Dubai, UAE, specializing in autonomous mobile robots (AMRs) that utilize wheeled electric vehicle platforms [7]. - The company integrates application-specific pods into its robots, which can serve various functions such as surveillance, logistics, and collaborative robotics [7].