Anghami Inc. Approves 1-for-10 Reverse Stock Split, Effective August 1, 2025
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Anghami Inc. has approved a 1-for-10 reverse stock split, effective August 1, 2025. This consolidation reduces its authorized share capital from 2.15 billion ordinary shares to 215 million ordinary shares, while maintaining 5 million preference shares. The adjustment aims to enhance the company's capital structure as it continues trading on the Nasdaq Capital Market.
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