Alpha Data PJSC (Ticker: Pending), a United Arab Emirates-based digital transformation provider and system integrator, expected to list on the Abu Dhabi Securities Exchange (ADX) on March 11, 2025. The IPO involved offering 400 million shares, representing 40% of the company's share capital, at a price range of AED 1.45 to AED 1.50 per share. The final offer price was set at AED 1.50, raising AED 600 million (USD 163.38 million). The offering consisted entirely of secondary shares. The subscription period ran from February 20 to February 25, 2025, with the final price announced on February 26, after a book-building process.