Axelerated Solutions for Communications and Information Technology has received the Capital Market Authority’s (CMA) approval, dated December 16, 2024, to register and offer 3,000,000 shares, representing 10.71% of the company’s total shares, on the Nomu – Parallel Market.

This milestone marks a strategic step toward the company’s expansion and further strengthens its position in the Saudi ICT market. The offering will be limited to qualified investors, in accordance with CMA regulations. A detailed offering circular will be published prior to the listing date.

The CMA’s approval reflects the market’s confidence in Axelerated Solutions’ performance and sustainable growth strategy, supporting its journey toward innovation and continued success.