Swvl Received Nasdaq Notification Regarding Minimum Market Value Deficiency
Swvl (Nasdaq: SWVL) received written notice from Nasdaq on October 31, 2025 that it is not in compliance with Nasdaq Listing Rule 5550(b)(2) requiring a minimum market value of publicly held shares of $35 million. The notice does not affect the current listing and the ordinary shares continue to trade under the symbol SWVL. The company has a 180-calendar-day cure period ending on April 29, 2025 to regain compliance by closing above $35 million for at least 10 consecutive business days prior to the Compliance Date.
If Swvl fails to regain compliance Nasdaq may notify the company that its securities are subject to delisting, at which point Swvl could appeal to a Nasdaq hearings panel. The company says it will monitor its market value and may consider options to regain compliance, but there is no assurance it will succeed.
Swvl (Nasdaq: SWVL) ha ricevuto una comunicazione scritta da Nasdaq il 31 ottobre 2025 che non è in conformità con la norma di listing Nasdaq 5550(b)(2), che richiede un valore di mercato minimo delle azioni pubblicamente detenute di $35 milioni. L'avviso non influisce sull'attuale quotazione e le azioni ordinarie continuano a essere negoziate con il simbolo SWVL. L'azienda ha un periodo di guarigione di 180 giorni civili che scade il 29 aprile 2025 per tornare a essere conforme chiudendo al di sopra di $35 milioni per almeno 10 giorni lavorativi consecutivi prima della Data di Conformità.
Se Swvl non torna a essere conforme, Nasdaq può notificare all'azienda che i suoi valori mobiliari sono soggetti a delistaggio, momento in cui Swvl potrebbe presentare ricorso dinanzi a un pannello di udienze Nasdaq. L'azienda afferma che monitorerà il proprio valore di mercato e potrebbe valutare opzioni per tornare in conformità, ma non c'è alcuna garanzia che avrà successo.
Swvl (Nasdaq: SWVL) recibió una notificación por escrito de Nasdaq el 31 de octubre de 2025 de que no cumple con la Regla de Listado de Nasdaq 5550(b)(2), que exige un valor de mercado mínimo de las acciones en circulación de $35 millones. El aviso no afecta la cotización actual y las acciones ordinarias siguen negociándose con el símbolo SWVL. La empresa tiene un periodo de curación de 180 días naturales que concluye el 29 de abril de 2025 para volver a cumplir cerrando por encima de $35 millones durante al menos 10 días hábiles consecutivos antes de la Fecha de Cumplimiento.
Si Swvl no logra volver a cumplir, Nasdaq puede notificar a la empresa que sus valores podrían ser deslistados, momento en el que Swvl podría apelar ante un panel de audiencias de Nasdaq. La empresa afirma que monitorizará su valor de mercado y podría considerar opciones para regresar a la conformidad, pero no hay garantía de que tenga éxito.
Swvl (Nasdaq: SWVL)가 2025년 10월 31일에 Nasdaq로부터 공개적으로 보유된 주식의 최소 시가가 $35백만이어야 한다는 규정 5550(b)(2)를 위반했다는 서면 통지를 받았습니다. 통지는 현재 상장에 영향을 주지 않으며 보통주는 심볼 SWVL로 계속 거래됩니다. 회사는 180일 캘린더 기간의 구제 기간을 가지며 2025년 4월 29일에 끝나게 되며, 규정을 준수하기 위해 최소 10영업일 연속으로 $35백만 이상 종가로 마감함으로써 준수 상태로 돌아오려 합니다.
Swvl가 준수를 회복하지 못하면 Nasdaq가 회사의 증권이 상장폐지될 수 있음을 통지할 수 있으며, 이 경우 Swvl은 Nasdaq 심리위원회에 항소할 수 있습니다. 회사는 시장 가치를 모니터링하고 준수를 회복하기 위한 옵션을 고려할 수 있다고 말하지만 확실한 보장은 없다고 밝힙니다.
Swvl (Nasdaq : SWVL) a reçu par écrit de Nasdaq le 31 octobre 2025 une notification indiquant qu’elle ne respecte pas la règle de cotation Nasdaq 5550(b)(2), qui exige une valeur marchande minimale des actions détenues publiquement de $35 millions. L’avis n’affecte pas l’inscription actuelle et les actions ordinaires continuent d’être négociées sous le symbole SWVL. L’entreprise dispose d’une période de cure de 180 jours calendaires qui se termine le 29 avril 2025 pour regagner la conformité en clôturant à plus de $35 millions pendant au moins 10 jours ouvrables consécutifs avant la date de conformité.
Si Swvl ne parvient pas à regagner la conformité, Nasdaq peut informer l’entreprise que ses valeurs mobilières pourraient être retirées de la cote, et Swvl pourrait alors faire appel devant un panel d’audiences de Nasdaq. L’entreprise indique qu’elle surveillera sa valeur marchande et pourrait envisager des options pour revenir à la conformité, mais aucune garantie n’est donnée quant à l’issue.
Swvl (Nasdaq: SWVL) erhielt von Nasdaq am 31. Oktober 2025 eine schriftliche Mitteilung, dass es nicht mit der Nasdaq Listing Rule 5550(b)(2) in Einklang steht, die einen Mindestmarktwert der öffentlich gehandelten Aktien von $35 Millionen verlangt. Die Mitteilung beeinträchtigt nicht die aktuelle Listung, und die Stammaktien werden weiterhin unter dem Symbol SWVL gehandelt. Das Unternehmen hat eine 180 Tage umfassende Cure-Periode, die am 29. April 2025 endet, um die Einhaltung wiederherzustellen, indem es über $35 Millionen schließt und zwar an mindestens 10 aufeinanderfolgenden Handelstagen vor dem Compliance-Datum.
Sollte Swvl die Konformität nicht wiederherstellen, kann Nasdaq dem Unternehmen mitteilen, dass seine Wertpapiere von der Notierung ausgeschlossen werden könnten, worauf Swvl vor einem Nasdaq-Hörgremium Berufung einlegen könnte. Das Unternehmen erklärt, dass es seinen Marktwert überwachen und Optionen zur Wiederherstellung der Konformität in Erwägung ziehen könnte, aber es besteht keine Garantie, dass dies gelingt.
Swvl (نازداك: SWVL) تلقّت إشعاراً كتابياً من ناسداك في 31 أكتوبر 2025 بأنها لا تمتثل لقواعد الإدراج في ناسداك 5550(b)(2) التي تشترط قيمة سوقية دنيا لأسهمها المملوكة علناً قدرها $35 مليون. لا يؤثر الإشعار على الإدراج الحالي وتستمر الأسهم العادية بالتداول تحت الرمز SWVL. لدى الشركة فترة تقويمية للإصلاح تبلغ 180 يوماً وتنتهي في 29 أبريل 2025 لاستعادة الامتثال من خلال الإغلاق فوق $35 مليون لمدة 10 أيام عمل متتالية على الأقل قبل تاريخ الالتزام.
إذا فشلت Swvl في استعادة الامتثال، قد تُخطِر ناسداك الشركة بأن أوراقها المالية قد تُسْتَبعد عن الإدراج، عندها يمكن لـ Swvl أن تستأنف أمام لجنة سماع في ناسداك. وتقول الشركة إنها ستراقب قيمتها السوقية وقد تفكر في خيارات لاستعادة الامتثال، لكن لا يوجد ضمان بأن تنجح.
- Listing continues to trade on Nasdaq Capital Market under SWVL
- Company granted a 180-day cure period to regain compliance
- Minimum market value of publicly held shares is below the $35 million requirement
- Compliance deadline set as April 29, 2025 to regain MVLS compliance
- Failure to comply may lead to a Nasdaq delisting notice and potential removal of listing
- Company states no assurance it will regain or maintain compliance
Insights
Nasdaq notified Swvl of a minimum market value deficiency; the company has a 180-day cure period ending on
Swvl received a Nasdaq notice citing non-compliance with Listing Rule 5550(b)(2), which mandates a minimum market value of publicly held shares of
The key dependency is a measurable market-value outcome: either sustained market capitalization above the threshold or procedural relief via Nasdaq appeal. If the company fails to meet the
Watch the public float closing level on a rolling basis and any SEC/Nasdaq filings or shareholder actions that could affect free float; the near-term horizon is the 180-day cure window ending on
DUBAI, United Arab Emirates, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of tech-enabled mobility solutions, today announced that on October 31, 2025, it received written notice (the “Notice”) from The Nasdaq Stock Market (“Nasdaq”) advising the Company that it was not in compliance with Listing Rule 5550(b)(2) requiring companies listed on the Nasdaq Capital Market to maintain a minimum market value of publicly held shares of
In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has a period of 180 calendar days, or until April 29, 2025 (the “Compliance Date”), to regain compliance with the MVLS Requirement. To regain compliance, the Company's minimum market value of publicly held shares must close at
The Company intends to actively monitor its minimum market value of its listed securities and may, if appropriate, consider implementing available options to regain compliance with the MVLS Requirement. There can be no assurance that the Company will be able to regain compliance with Nasdaq Listing Rule 5550(b)(2), or maintain compliance with any other listing requirements.
About Swvl
Swvl is a leading provider of technology-driven mobility solutions for enterprises and governments. Its platform leverages real-time data, adaptive networks, and advanced technology to deliver safer, more reliable, and sustainable transportation solutions across emerging and developed markets.
For additional information about Swvl, please visit www.swvl.com.
Forward Looking Statements
This press release contains “forward-looking statements” relating to future events. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions. These forward-looking statements include, but are not limited to, statements regarding future events and other statements that are not historical facts. For example, Swvl is using forward-looking statements when it discusses its expectations about its ability to regain compliance with the Nasdaq Listing Rules, and specifically with the MVLS Requirement, and its ability to continue to trade on The Nasdaq Capital Market. These statements are based on current expectations of Swvl’s management and are not guarantees or predictions of future or actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual results may differ materially due to risks and uncertainties as detailed in Swvl’s filings with the U.S. Securities and Exchange Commission. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Swvl. These statements are subject to a number of risks and uncertainties regarding Swvl’s business, and actual results may differ materially. In addition, forward-looking statements provide Swvl’s expectations, plans, or forecasts of future events and views as of the date of this communication. Swvl anticipates that subsequent events and developments could cause Swvl’s assessments and projections to change. However, while Swvl may elect to update these forward-looking statements in the future, Swvl specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Swvl’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon any forward-looking statements. Except as otherwise required by law, Swvl undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Contact:
Investor Relations: investor.relations@swvl.com
Ahmed Misbah, Swvl’s Chief Financial Officer: ahmed.misbah@swvl.com
FAQ
What did Nasdaq notify Swvl (SWVL) about on October 31, 2025?
How long does Swvl have to regain Nasdaq compliance for SWVL and what is the Compliance Date?
What must SWVL achieve to regain compliance with Nasdaq Listing Rule 5550(b)(2)?
Will SWVL be delisted immediately after the Nasdaq notice?
What actions might Swvl take to try to regain compliance for SWVL?
