Anghami Inc
For the period ended Aug 4, 2025. Filed Aug 4, 2025.
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Aug 4, 2025 · Filed Aug 4, 2025
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Reverse Split
As previously reported by Anghami Inc. (the “Company”), at the reconvened Extraordinary General Meeting held on July 22, 2025, the Company’s shareholders approved the 1-for-10 reverse stock split of all of its issued and outstanding, and authorized but unissued, ordinary shares (the “Reverse Stock Split”).
On August 1, 2025, the Company’s Board of Directors, acting pursuant to the approval by the Company’s shareholders, implemented the Reverse Stock Split effective following the close of trading on the Nasdaq Capital Market by sending notice to the Registrar of Companies of the Cayman Islands which served as an effective amendment to the Company’s Amended and Restated Memorandum and Articles of Association (the “Memorandum Amendment”). Pursuant to the Memorandum Amendment, the authorized share capital remains $215,000 and is now divided into 215,000,000 ordinary shares, and the par value of the ordinary shares has increased from $0.0001 per share to $0.001 per share. As a result of the Reverse Stock Split, every ten issued and outstanding ordinary shares was combined into one issued and outstanding ordinary share. Shareholders will not receive fractional shares; instead, cash payments will be made in lieu of any fractional shares.
The Reverse Stock Split became effective after the close of business on August 1, 2025, and the Company’s ordinary shares will begin trading on a Reverse Stock Split-adjusted basis on the Nasdaq Capital Market under the existing ticker symbol “ANGH” at the market open on August 4, 2025. After the Reverse Stock Split, the trading symbol for the Company’s ordinary shares will continue to be “ANGH.” The new CUSIP number for the Company’s ordinary shares is G0369L200.
The foregoing descriptions of the Memorandum Amendment is a summary of the material terms of the Memorandum Amendment and does not purport to be complete and is qualified in its entirety by reference to the Memorandum Amendment, which is attached hereto as Exhibit 99.1.
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