Business
AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C Announces Pricing of Initial Public Offering
AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, (the "Company") (NASDAQ: AHMA), a UAE-based MICE (meetings, incentives, conferences, and exhibitions) and tourism services provider, today announced the pricing of its initial public offering (the "Offering") of 1,500,000 Class A ordinary shares, par value US$0.0000001 per share (the "Class A Ordinary Shares"), at a public offering price of US$4.00 per share, for a total base offering size of US$6 million, assuming the underwriters do not exercise their
About this update from Ambitions Enterprise Management Co. L.l.c
[{"type":"text","content":"DUBAI, UAE, Oct. 20, 2025 /PRNewswire/ -- AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, (the "Company") (NASDAQ: AHMA), a UAE-based MICE (meetings, incentives, conferences, and exhibitions) and tourism services provider, today announced the pricing of its initial public offering (the "Offering") of 1,500,000 Class A ordinary shares, par value US$0.0000001 per share (the "Class A Ordinary Shares"), at a public offering price of US$4.00 per share, for a total base offering size of US$6 million, assuming the underwriters do not exercise their option to purchase additional Class A Ordinary Shares, before deducting underwriting discounts and other related expenses.","length":695,"tagName":"p"},{"type":"text","content":"The Class A Ordinary Shares are expected to begin trading on the Nasdaq Capital Market ("NASDAQ") on October 21, 2025, under the ticker symbol "AHMA." The Offering is expected to close on October 22, 2025, subject to customary closing conditions.","length":266,"tagName":"p"},{"type":"text","content":"In addition, the Company has granted the underwriters a 45-day option from the closing of the Offering to purchase up to 15% of the number of Class A Ordinary Shares sold in the Offering to be offered at the public offering price, less underwriting discounts.","length":259,"tagName":"p"},{"type":"text","content":"AC Sunshine Securities LLC and Univest Securities, LLC. acted as the joint bookrunners for the Offering. Hunter Taubman Fischer & Li is acting as U.S. securities counsel to the Company and Ortoli Rosenstadt LLP is acting as U.S. securities counsel to the joint bookrunners.","length":277,"tagName":"p"},{"type":"text","content":"A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission ("SEC") (File Number: 333-284789), as amended, and was declared effective by the SEC on September 30, 2025. Copies of the registration statement can be accessed through the SEC's website at www.sec.gov.","length":334,"tagName":"p"},{"type":"text","content":"The offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the prospectus related to the offering, when available, may be obtained from: (i) AC Sunshine Securities LLC, Attention: 200 E. Robinson Street, ...