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AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C (AHMA) completed its initial public offering of 1.725 million class A ordinary shares at $4.00 per share, raising $6.9 million in gross proceeds before expenses, according to a company statement.
The UAE-based meetings, incentives, conferences and exhibitions services provider began trading on the Nasdaq Capital Market on October 21, 2025. The offering included 225,000 shares from the full exercise of underwriters’ over-allotment option.
AC Sunshine Securities LLC and Univest Securities, LLC served as joint bookrunners for the offering. Hunter Taubman Fischer & Li acted as U.S. securities counsel to the company, while Ortoli Rosenstadt LLP represented the underwriters.
The Securities and Exchange Commission declared the company’s Form F-1 registration statement effective on September 30, 2025. The final prospectus was filed with the SEC on October 22, 2025.
The company provides event management and tourism services to a global client base through partnerships across the Middle East, Europe, Africa and the Americas. It manages events for clients from various sectors and offers guided tour services in the UAE and neighboring countries.
The class A ordinary shares have a par value of $0.0000001 per share. The company’s registration statement carries file number 333-284789 with the SEC.