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Swvl Holdings Corp - SWVL STOCK NEWS

Welcome to our dedicated news page for Swvl Holdings (Ticker: SWVL), a resource for investors and traders seeking the latest updates and insights on Swvl Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Swvl Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Swvl Holdings's position in the market.

Rhea-AI Summary
Swvl Holdings Corp (Nasdaq: SWVL) Achieves Positive Operating Cash Flow and Net Profit in H1 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
36.08%
Tags
earnings
-
Rhea-AI Summary
Swvl Holdings Corp (Nasdaq: SWVL) received a letter from Nasdaq indicating non-compliance with the minimum bid price requirement, giving the company 180 days to regain compliance. If the closing bid price of its Ordinary Shares is at least $1.00 for a minimum period of ten consecutive business days, the Company will regain compliance. Failure to do so may lead to delisting, but the company may be eligible for an additional 180-day period to regain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
36.08%
Tags
none
-
Rhea-AI Summary
Swvl Holdings Corp announces the successful sale of its subsidiary Urbvan Mobility Ltd. to Kolors Inc. for $12 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.65%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
none
-
Rhea-AI Summary
Swvl Holdings Corp has regained compliance with Nasdaq's audit committee requirements, ensuring continued listing on the exchange. The Company appointed new members to its board of directors and audit committee to meet the rule's specifications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
Tags
none
-
Rhea-AI Summary
Swvl Holdings Corp announced the appointment of Ayman Ismail Mohamed Ahmed to its Board of Directors. Mr. Ismail brings over 30 years of leadership experience and will serve as an independent member and Chairperson of Swvl's Audit Committee. He has held senior positions at multinational corporations including Pepsi and Procter & Gamble. Mr. Ismail's expertise will support Swvl's commitment to sound financial practices and corporate governance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.42%
Tags
management
Rhea-AI Summary
Swvl Holdings Corp received a notice from Nasdaq stating that the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Annual Report on Form 20-F. The company has until July 3, 2023, to submit a plan to regain compliance. The notice does not impact the listing of the company's securities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
Tags
none
-
Rhea-AI Summary
Swvl Holdings Corp received a notice from Nasdaq stating that it no longer complies with audit committee requirements due to resignations from the board of directors. The company has until June 15, 2023 to regain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.32%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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none
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Swvl Holdings Corp

Nasdaq:SWVL

SWVL Rankings

SWVL Stock Data

80.48M
3.89M
34.85%
0.26%
1.14%
General Freight Trucking, Local
Transportation and Warehousing
Link
United Arab Emirates
Dubai