#Latest news with #cornerstoneInvestorArgaam12-05-2025BusinessArgaamSMC issues supplementary prospectus with Tawuniya as cornerstone investorSpecialized Medical Co. (SMC) issued a supplementary prospectus, disclosing that it received a binding commitment from The Company for Cooperative Insurance (Tawuniya) to subscribe as a cornerstone investor for 5.875 million shares in the offering, representing 2.35% of the company's post-offering share capital. According to the supplementary prospectus, the company has approved the allocation of these shares to Tawuniya as part of the offering process.
Argaam12-05-2025BusinessArgaamSMC issues supplementary prospectus with Tawuniya as cornerstone investorSpecialized Medical Co. (SMC) issued a supplementary prospectus, disclosing that it received a binding commitment from The Company for Cooperative Insurance (Tawuniya) to subscribe as a cornerstone investor for 5.875 million shares in the offering, representing 2.35% of the company's post-offering share capital. According to the supplementary prospectus, the company has approved the allocation of these shares to Tawuniya as part of the offering process.