Ambitions Enterprise Management Co

AHMA

Market cap $205M

Five small IPOs debuted and four SPACs listed this week as the government shutdown continues to complicate listings. Two sizable IPOs are scheduled for the week ahead, both of which launched after the government shutdown began. Street research is expected for six companies in the week ahead, and two lock-up periods will be expiring.

New York, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of an initial public offering (the “Offering”) of 1,725,000 class A ordinary shares, par value US$0.0000001 per share (the “Class A Ordinary Shares”), including 225,000 Class A Ordinary Shares issued as a result of the full exercise by the underwriters of their over-allotment option, at a public offering price of US$4.00 per share for its client AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C (NASDAQ: AHMA)(the “Company”), a UAE-based MICE (meetings, incentives, conferences, and exhibitions) and tourism services provider.

DUBAI, UAE, Oct. 22, 2025 /PRNewswire/ -- AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, (the "Company") (NASDAQ: AHMA), a UAE-based MICE (meetings, incentives, conferences, and exhibitions) and tourism services provider, today announced the closing of its initial public offering (the "Offering") of 1,725,000 class A ordinary shares, par value US$0.0000001 per share (the "Class A Ordinary Shares"), including 225,000 Class A Ordinary Shares issued as a result of the full exercise by the underwriters of their over-allotment option, at a public offering price of US$4.00 per share.

DUBAI, UAE, Oct. 20, 2025 /PRNewswire/ -- AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C, (the "Company") (NASDAQ: AHMA), a UAE-based MICE (meetings, incentives, conferences, and exhibitions) and tourism services provider, today announced the pricing of its initial public offering (the "Offering") of 1,500,000 Class A ordinary shares, par value US$0.0000001 per share (the "Class A Ordinary Shares"), at a public offering price of US$4.00 per share, for a total base offering size of US$6 million, assuming the underwriters do not exercise their option to purchase additional Class A Ordinary Shares, before deducting underwriting discounts and other related expenses.

Ambitions Enterprise is seeking $6.75 million in an IPO but faces numerous risks, thin capitalization, and excessive valuation assumptions. The company offers tourism and business event-related services in the Middle East but has produced uneven financial results, increasing marketing costs, and sharply reduced operating profit. The market opportunity in the MENA region is significant, but geopolitical risks, low barriers to entry, and macroeconomic sensitivity pose threats.