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AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C (AHMA) priced its initial public offering at $4.00 per share for 1.5 million Class A ordinary shares, raising $6 million before expenses, according to a company statement.
The UAE-based meetings, incentives, conferences and exhibitions services provider expects its shares to begin trading on the Nasdaq Capital Market on October 21, 2025, under the ticker symbol "AHMA." The offering is expected to close on October 22, 2025.
The company granted underwriters a 45-day option to purchase up to 15% additional shares at the public offering price, less underwriting discounts. AC Sunshine Securities LLC and Univest Securities LLC served as joint bookrunners for the offering.
The Securities and Exchange Commission declared the company’s registration statement effective on September 30, 2025. The filing number is 333-284789.
AMBITIONS ENTERPRISE provides event management and travel services to a global client base. The company operates across the Middle East, Europe, Africa and the Americas, managing events for clients from various sectors and offering guided tour services in the UAE and neighboring countries.