Micropolis AI Robotics

Micropolis AI Robotics (MCRP) priced its initial public offering on Mar 10, 2025 at $4.00 per share, within its $4.00–$5.00 range, raising $15.5M, and listed on NYSE American. At the IPO price its market capitalization was about $135.5M. Ogier, Pinsent Masons and Loeb & Loeb advised the company and Hunter Taubman Fischer & Li advised the underwriters.

Micropolis AI Robotics is a Cayman Islands company whose Dubai-based subsidiary, founded in 2014, makes robots. It specializes in autonomous mobile robots built on wheeled electric vehicle platforms with autonomous driving, customized for partners, and was pre-revenue at its IPO.

Status

IPO

Ticker

MCRP

Exchange

NYSE American

Priced

Mar 10, 2025

IPO price

$4.00

Price range

$4.00–$5.00

Raised

$15.5M

Market cap at IPO price

$135.5M

First filed

Dec 22, 2023

Company counsel

Ogier, Pinsent Masons and Loeb & Loeb

Underwriters' counsel

Hunter Taubman Fischer & Li

Sector

Industrials & materials

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.