The Capital Market Authority Announces the Approval on the Registration of shares of Paper Home Company for Direct Listing in the Parallel Market

The Capital Market Authority "CMA" Board has issued its resolution dated 03/12/1444H corresponding to 21/06/2023G approving Paper Home Company's "the Company" application for the registration of its shares for direct listing in the parallel market. Trading these shares will be confined to Qualified Investors stipulated in the Glossary of Defined Terms Used in the Regulations and Rules of the Capital Market Authority. The registration document will be published within sufficient time prior to listing.

 

Prospective Qualified Investors should conduct their own due diligence on the information disclosed in the prospectus. If the prospectus proves difficult to understand, it is recommended to consult with an authorized financial advisor prior to making any investment decision.

 

The CMA's approval on the application should never be considered as a recommendation to invest in the offering or shares of the company. The CMA's approval on the application merely means that the legal requirements as per the Capital Market Law and its Implementing Regulations have been met.​