Burgerizzr files for transition to main market

20/11/2023 Argaam

Burgerizzr files for transition to main market

Logo of Shatirah House Restaurant Co. (Burgerizzr)

Shatirah House Restaurant Co. (Burgerizzr) filed for transition from Nomu-Parallel Market to the Main Market to the regulatory authority.

 

There is no financial impact from this action, Burgerizzr said in a statement to Tadawul.

 

In October, the fresh burger chain’s board of directors approved the company’s transition to the Main Market, Argaam earlier reported. 

 

Further, Mohammed Al-Ruwaigh, a founder and a major shareholder of Burgerizzr, sold a part of his stake in the company to meet the liquidity requirement for transition to TASI.

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