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AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C (AHMA) completed its initial public offering, raising $6.9 million in gross proceeds before expenses, according to a statement from underwriter Univest Securities, LLC.
The UAE-based meetings, incentives, conferences and exhibitions services provider sold 1,725,000 Class A ordinary shares at $4.00 per share. The offering included 225,000 shares from the full exercise of underwriters’ over-allotment option.
The company’s shares began trading on the Nasdaq Capital Market on October 21, 2025, under the ticker symbol "AHMA." Univest Securities, LLC and AC Sunshine Securities LLC served as joint bookrunners for the offering.
The Securities and Exchange Commission declared the company’s Form F-1 registration statement effective on September 30, 2025. Hunter Taubman Fischer & Li acted as U.S. securities counsel to the company, while Ortoli Rosenstadt LLP represented the joint bookrunners.
AMBITIONS ENTERPRISE MANAGEMENT provides event management and travel solutions to a global client base, with partnerships across the tourism and hospitality industries in the Middle East, Europe, Africa and the Americas. The company offers guided tour services across the UAE and neighboring countries, as well as other international destinations.
Univest Securities, registered with FINRA since 1994, states it has raised over $1.5 billion in capital for issuers globally since 2019 and completed approximately 100 transactions across various industries including technology, life sciences, industrial and consumer goods.