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The latest announcement is out from Anghami Inc. ( (ANGH) ).
On July 29, 2025, Anghami Inc. announced a 1-for-10 reverse stock split of its ordinary shares, approved by shareholders on July 22, 2025. The move aims to regain compliance with Nasdaq’s minimum bid price requirement. The reverse split will not dilute shareholders and will be effective after market close on August 1, 2025, with trading on a split-adjusted basis starting August 4, 2025. This strategic decision is expected to maintain Anghami’s listing status and potentially improve its market positioning.
Spark’s Take on ANGH Stock
According to Spark, TipRanks’ AI Analyst, ANGH is a Neutral.
Anghami Inc.’s overall stock score is primarily constrained by its financial performance, with ongoing operational challenges and negative cash flows. The technical analysis shows potential for short-term gains, but long-term trends remain uncertain. Valuation issues further weigh on the stock due to negative earnings.
To see Spark’s full report on ANGH stock, click here.
More about Anghami Inc.
Anghami Inc. is a leading multi-media technology streaming platform in the Middle East and North Africa (MENA) region, offering a wide range of services including premium video, music, podcasts, and live entertainment. The company has a significant user base with over 120 million registered users and 3.5 million paid subscribers, and it operates in 16 countries across MENA. Anghami has partnered with 47 telecommunications companies to facilitate customer acquisition and subscription payments, and it has established relationships with major film studios, entertainment giants, and music labels.
Average Trading Volume: 878,580
Technical Sentiment Signal: Sell
Current Market Cap: $42.42M
For detailed information about ANGH stock, go to TipRanks’ Stock Analysis page.