Specialized Medical Co (SMCHEALT AB) is a Saudi Arabian company operating in the Medical - Hospitals industry. Specialized Medical Co plans to list on the Saudi Exchange on or around June 25, 2025. The company is offering 75 million shares at SAR 25.00 per share, aiming to raise SAR 1.88 billion (approximately $500.06 million). The offering gives the company an expected market capitalization of SAR 5.89 billion ($1.57 billion). The IPO consists entirely of secondary shares, meaning the proceeds will go to the private sellers and not the company itself. The offering is reportedly split into two tranches, with 80% allocated to institutional investors and 20% to retail investors. EFG-Hermes and SNB Capital Co are the managers for the offering.