Corporate & Capital
IPO & Underwriting Agreements
Legal support for companies preparing to list on the Saudi capital market, including underwriting agreements and CMA requirements.
Overview & Legal Definition
An Initial Public Offering (IPO) is a complex process where legal, regulatory, and financial considerations intersect, requiring precise alignment between Capital Market Authority requirements and the issuing company’s commercial interests.
Core Documents and Agreements
- 1Prospectus: the official document submitted to the Capital Market Authority and subscribers, which must be free of any misleading statement or material omission.
- 2Underwriting Agreement between the issuing company and the party undertaking to cover the offering.
- 3Lock-Up Agreements preventing major shareholders from selling their shares for a defined period after listing.
Contractual & Regulatory Offering Risks
- Disputes over offering cancellation due to a Material Adverse Change (MAC) in financial markets prior to settlement day.
- Exposure of board members to criminal and civil liability due to errors or omissions of material information in the prospectus.
- Failure of the offering due to non-compliance with public ownership and allocation ratios prescribed by regulations.
Our Services
Legal review of the prospectus before submission to the Capital Market Authority.
Drafting underwriting agreements between the company and underwriting parties.
Legal coordination with the financial advisor and the Capital Market Authority throughout the offering process.
Related Network Contracts
Frequently Asked Questions
Our Standards
Licensed Firm
Formally licensed by the Ministry of Justice under License No. 48189.
Banking Pedigree
Led by a former Vice President of Riyad Bank's Legal & Compliance division.
PDPL Compliance
Full alignment with Saudi Personal Data Protection Law regarding communications.
Related Legal Services
حجز استشارة
اطلب استشارة قانونية
املأ النموذج المرفق وأرفق المستندات المطلوبة، وسيقوم فريقنا بدراسة الطلب والتواصل معكم خلال 24 ساعة.