Anghami Inc. has announced the approval of a reverse stock split at a ratio of 1-for-10, effective August 1, 2025. This move consolidates its authorized share capital from 2.15 billion ordinary shares of US$0.0001 each to 215 million ordinary shares of US$0.001 each, along with maintaining 5 million preference shares at US$0.0001 each. The adjustment aims to enhance the company's capital structure as it continues trading on the Nasdaq Capital Market.
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