Micropolis Holding Company ( (MCRP) ) just unveiled an announcement.
On March 10, 2025, Micropolis Holding Company completed its initial public offering (IPO) of 3,875,000 ordinary shares at $4 per share, generating gross proceeds of $15.5 million. The shares began trading on the NYSE American under the ticker symbol ‘MCRP’ on March 7, 2025. The company plans to use the proceeds for talent acquisition, marketing, equipment acquisition, R&D, and other corporate purposes. This IPO marks a significant milestone for Micropolis, enhancing its financial capacity and market presence in the robotics industry.
More about Micropolis Holding Company
Micropolis Holding Company is a robotics manufacturer based in the United Arab Emirates, specializing in the development of autonomous mobile robots (AMRs) that utilize wheeled electric vehicle platforms with autonomous driving capabilities. Founded in 2014 and headquartered in Dubai Production City, Dubai, the company integrates application-specific pods into its robots, serving various functionalities such as surveillance, logistics, and human-robot interaction.
YTD Price Performance: -10.56%
Average Trading Volume: 379,043
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