إنت عربي
- Ninja Eyes Potential $1 Billion IPO on Saudi Stock Exchange
- Ninja plans to work with Citigroup, Goldman Sachs, UBS, and Riyad Capital on a potential IPO that could take place in the second half of this year or early 2027.
Ninja is preparing to appoint a group of global and local banks to lead a potential initial public offering on the Saudi stock exchange (Tadawul) in Riyadh, in a deal that could raise around $1 billion.
According to a Bloomberg report, the company plans to work with Citigroup, Goldman Sachs, UBS, and Riyad Capital on the potential IPO, which could take place by the end of 2026 or early 2027.
The plans are still at an early stage, and the company could pursue alternative financing options, including a private funding round, if it decides not to move forward with the public offering in the near term.
Ninja reportedly tested investor appetite earlier this year, including during a conference held in London in March, amid regional geopolitical tensions linked to the situation between the United States and Iran.
The company and the participating banks declined to comment, while the final decision on the IPO remains dependent on market conditions and management strategy in the coming period.
