Almoosa Health Co (Ticker: ALMOOSA AB) is a healthcare services provider in Saudi Arabia specializing in primary, critical, and rehabilitative care. The company is set to list on January 7, 2025, on the Saudi Exchange (Tadawul). Almoosa Health offered 13.29 million shares at SAR 127 per share, raising SAR 1.69 billion (USD 449.51 million). The offering included 70% primary shares (9.3 million) and 30% secondary shares (3.99 million).
The company's expected market capitalization at the offer was between SAR 5.45 billion and SAR 5.62 billion. The offering was managed by Saudi Fransi Capital Ltd and EFG-Hermes, acting as financial advisors, underwriters, and bookrunners. Notably, cornerstone investors Tawuniya and Alfozan Holding Company subscribed to 22% of the shares offered.