Anghami Inc. has announced that OSN Streaming Limited will convert its senior unsecured convertible notes, totaling $55 million in principal along with approximately $4.4 million in capitalized and accrued PIK interest, into ordinary shares. The conversion will take place at a base price of $25.00 per share, resulting in the issuance of 2,376,171 ordinary shares to OSN on the conversion date of December 15, 2025.
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