Nile Global, Inc. announced that it will issue 27,731,558 series C preferred shares of par value $0.0001 per share at an issue price of $5.409 per share for gross proceeds of $149,999,997.222 on April 18, 2023. The shares carry non-cumulative fixed dividend value of $0.4327 per share per annum. The shares will be convertible into common shares at a fixed conversion price of $5.409 per share.
Arabian Internet and Communication Services Company
Equities
7202
SA15CIBJGH12
IT Services & Consulting
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5-day change | 1st Jan Change | ||
332 SAR | +0.18% | -1.89% | -5.09% |
05-06 | Arabian Internet and Communications Services Logs Higher Q1 Net Profit, Revenue | MT |
04-21 | Batic Investments Unit Secures 10-year Deal for Smart Public Parking in Saudi Arabia | MT |
EPS Revisions
1st Jan change | Capi. | |
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-12.70% | 193B | |
+2.65% | 172B | |
+2.20% | 153B | |
+5.96% | 100B | |
+11.22% | 80.72B | |
+25.63% | 76.9B | |
-7.65% | 71.61B | |
-21.03% | 52.05B | |
-10.22% | 42.83B |
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- Nile Global, Inc. announced that it expects to receive $149.999997 million in funding