Anghami Announces 1-for-10 Reverse Stock Split
Anghami (NASDAQ: ANGH), the leading MENA region multi-media streaming platform, has announced a 1-for-10 reverse stock split to regain compliance with Nasdaq's minimum bid price requirement. The split will take effect on August 4, 2025, with shares continuing to trade under the symbol "ANGH".
The reverse split, approved by shareholders on July 22, 2025, will combine every ten existing shares into one new share, with the par value increasing from $0.0001 to $0.001 per share. The company will make cash payments for fractional shares, and all convertible securities and warrants will be proportionally adjusted. Shareholders holding electronic shares need not take action, as positions will be automatically adjusted.
Anghami (NASDAQ: ANGH), la principale piattaforma di streaming multimediale della regione MENA, ha annunciato un raggruppamento azionario inverso 1-per-10 per tornare a rispettare il requisito minimo del prezzo di offerta di Nasdaq. Il raggruppamento entrerà in vigore il 4 agosto 2025, con le azioni che continueranno a essere negoziate con il simbolo "ANGH".
Il raggruppamento inverso, approvato dagli azionisti il 22 luglio 2025, combinerà ogni dieci azioni esistenti in una nuova azione, con il valore nominale che passerà da 0,0001$ a 0,001$ per azione. La società effettuerà pagamenti in contanti per le azioni frazionarie e tutti i titoli convertibili e warrant saranno adeguati proporzionalmente. Gli azionisti con azioni elettroniche non devono intraprendere alcuna azione, poiché le posizioni saranno automaticamente aggiornate.
Anghami (NASDAQ: ANGH), la principal plataforma de streaming multimedia de la región MENA, ha anunciado una consolidación inversa de acciones 1 por 10 para cumplir nuevamente con el requisito mínimo de precio de oferta de Nasdaq. La consolidación entrará en vigor el 4 de agosto de 2025, y las acciones seguirán cotizando bajo el símbolo "ANGH".
La consolidación inversa, aprobada por los accionistas el 22 de julio de 2025, combinará cada diez acciones existentes en una nueva acción, aumentando el valor nominal de $0.0001 a $0.001 por acción. La compañía realizará pagos en efectivo por las acciones fraccionarias y todos los valores convertibles y warrants se ajustarán proporcionalmente. Los accionistas con acciones electrónicas no necesitan realizar ninguna acción, ya que sus posiciones se ajustarán automáticamente.
Anghami (NASDAQ: ANGH)는 MENA 지역을 선도하는 멀티미디어 스트리밍 플랫폼으로서, 나스닥의 최소 입찰가 요건을 충족하기 위해 1대 10 역병합을 발표했습니다. 역병합은 2025년 8월 4일에 시행되며, 주식은 계속해서 "ANGH" 심볼로 거래됩니다.
2025년 7월 22일 주주들의 승인을 받은 이번 역병합은 기존 10주를 1주로 통합하며, 액면가는 주당 0.0001달러에서 0.001달러로 증가합니다. 회사는 소수 주식에 대해 현금 지급을 하며, 모든 전환 증권과 워런트는 비례적으로 조정됩니다. 전자 주식을 보유한 주주들은 별도의 조치를 취할 필요 없으며, 보유 주식은 자동으로 조정됩니다.
Anghami (NASDAQ : ANGH), la principale plateforme de streaming multimédia de la région MENA, a annoncé un regroupement d’actions inversé au ratio de 1 pour 10 afin de se conformer à l’exigence minimale de prix d’offre du Nasdaq. Ce regroupement prendra effet le 4 août 2025, les actions continuant à être négociées sous le symbole « ANGH ».
Le regroupement inversé, approuvé par les actionnaires le 22 juillet 2025, regroupera dix actions existantes en une seule nouvelle action, la valeur nominale passant de 0,0001 $ à 0,001 $ par action. La société effectuera des paiements en espèces pour les fractions d’actions, et tous les titres convertibles et bons de souscription seront ajustés proportionnellement. Les actionnaires détenant des actions électroniques n’ont aucune démarche à effectuer, car leurs positions seront ajustées automatiquement.
Anghami (NASDAQ: ANGH), die führende Multimedia-Streaming-Plattform der MENA-Region, hat eine 1-zu-10 Reverse-Aktienzusammenlegung angekündigt, um die Mindestgebotspreisanforderung der Nasdaq wieder zu erfüllen. Die Zusammenlegung tritt am 4. August 2025 in Kraft, wobei die Aktien weiterhin unter dem Symbol "ANGH" gehandelt werden.
Die am 22. Juli 2025 von den Aktionären genehmigte Reverse-Split fasst jeweils zehn bestehende Aktien zu einer neuen Aktie zusammen, wobei der Nennwert von 0,0001 $ auf 0,001 $ pro Aktie steigt. Das Unternehmen wird Barauszahlungen für Bruchteile von Aktien leisten, und alle wandelbaren Wertpapiere und Optionsscheine werden proportional angepasst. Aktionäre mit elektronischen Aktien müssen keine Maßnahmen ergreifen, da ihre Positionen automatisch angepasst werden.
- Aims to regain compliance with Nasdaq listing requirements
- No dilutive effect on shareholders
- Relative proportion of shares held by shareholders remains unchanged
- Indicates company's struggle to maintain minimum share price requirements
- May result in reduced trading liquidity
Insights
Anghami's reverse split aims to maintain Nasdaq listing by boosting share price without changing shareholder proportions or company value.
Anghami has announced a 1-for-10 reverse stock split scheduled to take effect on August 4, 2025. This corporate action is primarily designed to regain compliance with Nasdaq Capital Market's minimum bid price requirement - a critical threshold for continued listing on the exchange. Without meeting this requirement, the company would risk delisting, which could severely impact liquidity and investor access.
The mechanics of this split are straightforward: for every ten shares currently held, shareholders will receive one share. While this reduces the total share count, it proportionally increases each share's value. Importantly, this action does not change the company's overall market capitalization or alter shareholders' proportional ownership. The par value will increase from
This is a technical adjustment rather than a fundamental business change. Shareholders won't need to take any action as positions will be automatically adjusted, with cash payments issued for any fractional shares. All convertible securities and warrants will also be proportionally adjusted to maintain their economic value.
Reverse splits are typically implemented when share prices fall below exchange requirements. While the split itself doesn't address underlying business fundamentals, it does preserve Nasdaq listing status, which is crucial for maintaining market visibility, trading liquidity, and investor confidence.
The Company's ordinary shares are expected to begin trading on a split-adjusted basis when the markets open on August 4, 2025 under the Company's existing trading symbol "ANGH" with the new CUSIP number G0369L200.
The Reverse Stock Split was approved by shareholders at the reconvened Extraordinary General Meeting held on 22 July 2025. The primary purpose of the Reverse Stock Split is to regain compliance with the Nasdaq Capital Market's minimum bid price requirement for continued listing. The Reverse Stock Split will not have a dilutive effect on shareholders. In addition, the proportion of shares held by shareholders relative to the number of shares authorized for issuance will remain unchanged.
Upon effectiveness, every ten issued and outstanding ordinary shares will be combined into one issued and outstanding ordinary share. The par value of the ordinary shares will be proportionately increased, from
Continental Stock Transfer and Trust Company has been appointed as the exchange and transfer agent for the Reverse Stock Split. Shareholders holding their shares electronically are not required to take any action to receive post-split shares. Those holding shares via a bank, broker, or other nominee will have their positions adjusted automatically, and cash payments for any fractional shares will follow their respective institution's procedures.
Further details regarding the Reverse Stock Split can be found in the Company's proxy statement filed with the Securities and Exchange Commission, and on the Company's website: https://www.anghami.com/investors.
About Anghami Inc. (NASDAQ: ANGH)
Anghami is the leading multi-media technology streaming platform in the Middle East and North Africa ("MENA") region, offering a comprehensive ecosystem of exclusive premium video, music, podcasts, live entertainment, audio services, and more.
In a strategic move in April 2024, Anghami joined forces with OSN+, a leading video streaming platform, forming a digital entertainment powerhouse. This pivotal transaction strengthened Anghami's position as a go-to destination, boasting an extensive library of over 18,000 hours of premium video, including exclusive HBO content, alongside 100+ million Arabic and International songs and podcasts. The OSN+ platform delivers the latest content at the same time as the US, including critically acclaimed must-see series and movies as well as world-class Arabic content and OSN+ Originals.
With a user base exceeding 120 million registered users and 3.5 million paid subscribers, Anghami has partnered with 47 telcos across MENA, facilitating customer acquisition and subscription payment, in addition to establishing relationships with major film studios, entertainment giants, and music labels, both regional and international. Headquartered in Abu Dhabi, UAE, Anghami operates in 16 countries across MENA, with offices in Beirut,
To learn more about Anghami, please visit: https://anghami.com. Any questions for the Investors Relations Department can be emailed to IR@anghami.com
Cautionary Statement Regarding Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Anghami's actual results may differ from its expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "start," "project," "budget," "forecast," "preliminary," "anticipate," "aims," "intend," "plan," "may," "will," "could," "should," "believes," "continue," "predicts," "potential," "transform," "commitment" and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These statements include those related to the effect of the Reverse Split, investment and partnership for the platforms, users, OSN Group and Anghami and innovation. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Anghami's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the outcome of any legal proceedings that may be instituted against Anghami; changes in applicable laws or regulations; and the possibility that Anghami may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties identified in Anghami's fiscal 2024 annual report on Form 20-F filed with the
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SOURCE Anghami
FAQ
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