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Micropolis Holding Filed Terms, NYSE: MCRO.RC

Dubai-based developer of autonomous mobile robots and related software.

Industry: Technology

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Industry: Technology

Micropolis Digital Development FZ-LLC (“Micropolis Dubai”), our wholly-owned subsidiary, is a robotics manufacturer founded in 2014, based in the United Arab Emirates (“UAE”) with its headquarters located in Dubai Production City, Dubai, UAE. We specialize in developing autonomous mobile robots (“AMRs”) that utilize wheeled electric vehicle (“EV”) platforms and are equipped with autonomous driving capabilities. We have historically conducted our business through Micropolis Dubai. For purposes of this Offering, in February 2023, we incorporated Micropolis Holding Company (“Company” or “Micropolis Cayman”), an exempted company with limited liability under the laws of the Cayman Islands, as the listing vehicle for this Offering. Micropolis Dubai is a wholly-owned subsidiary of Micropolis Cayman. The Company is currently a pre-revenue organization since most of our existing projects are collaborative in nature and we do not anticipate earning substantial revenues until such time as we enter into commercial production for our robotics, which is expected to be by the end of 2024.
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IPO Data
IPO File Date 12/22/2023
Offer Price
Price Range $4.00 - $5.00
Offer Shares (mm) 8.2
Deal Size ($mm) $37
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $4.00 - $5.00
Offer Shares (mm) 8.2
Deal Size ($mm) $37
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Network 1 Financial Securities
Company Data
Headquarters Dubai, United Arab Emirates
Founded 2014
Employees 64
Website www.micropolis.ai

Micropolis Holding (MCRO.RC) Performance