Welcome to our dedicated page for MICROPOLIS HLDG CO news (Ticker: MCRP), a resource for investors and traders seeking the latest updates and insights on MICROPOLIS HLDG CO stock.
Micropolis Holding Company (MCRP), a UAE-based leader in autonomous mobile robotics, provides this centralized hub for all official announcements and market updates. Track the latest developments in advanced automation systems designed for logistics, surveillance, and industrial applications.
Investors and industry professionals will find timely updates on financial results, product launches, and strategic partnerships. Our curated collection includes press releases covering technological advancements in electric vehicle platforms, R&D milestones, and operational expansions within the robotics sector.
Key content categories include earnings reports, new product certifications, collaborative ventures with technology partners, and innovations in autonomous navigation systems. Bookmark this page to stay informed about MCRP's role in shaping next-generation automation solutions across global industries.
Micropolis has signed a strategic MoU with SEE Holding to provide AI and robotics infrastructure for The Sustainable City 2.0 (TSC 2.0). The partnership will deploy advanced robotics platforms, AI surveillance systems, smart mobility applications, and edge computing across SEE's global sustainable city developments.
The collaboration builds on a decade-long relationship, as SEE Holding's Chairman Faris Saeed was an early Micropolis investor in 2014. The Sustainable City served as a testing ground for Micropolis' technologies, helping refine their robotics platforms.
Key features of the partnership include:
- Integrated command systems for city operations
- Autonomous fleet deployment
- Smart mobility solutions
- Digital platforms connecting residents to intelligent services
- Joint R&D program for sustainable urban technologies
Micropolis Holding Company (NYSE: MCRP), a UAE-based robotics manufacturer specializing in autonomous mobile robots, has successfully completed its Initial Public Offering (IPO). The company raised $15.5 million in gross proceeds through the offering of 3,875,000 Ordinary Shares at $4.00 per share.
Trading began on the NYSE American under ticker 'MCRP' on March 7, 2025. The underwriters have a 45-day option to purchase up to 581,250 additional shares. Network1 Financial Securities served as the sole book-running manager.
The proceeds will fund:
- Talent acquisition
- Marketing and PR
- Machinery and advanced equipment
- R&D expenses
- Contracts and outsourcing
- Repayment of related party loans
- Working capital and general corporate purposes
Micropolis Holding Company (NYSE: MCRP), a UAE-based robotics manufacturer specializing in autonomous mobile robots, has announced the pricing of its Initial Public Offering. The company is offering 3,875,000 Ordinary Shares at $4.00 per share, aiming to raise $15.5 million in gross proceeds.
Trading is set to commence on the NYSE American under ticker symbol 'MCRP' on March 7, 2025, with the offering expected to close on March 10, 2025. The underwriters have a 45-day option to purchase up to 581,250 additional shares to cover over-allotments.
The proceeds will fund talent acquisition, marketing, equipment purchases, R&D, contract fulfillment, and repayment of related party loans. Network1 Financial Securities is serving as the sole book-running manager for this firm commitment offering.
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