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Anghami Completes OSN Convertible Note Conversion

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Anghami Completes OSN Convertible Note Conversion

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Anghami Inc. ( (ANGH) ) has issued an announcement.

On December 15, 2025, Anghami Inc. completed the conversion of its senior unsecured convertible notes held by OSN Streaming Limited. This conversion resulted in the issuance of 2,376,171 ordinary shares to OSN, effectively eliminating any outstanding notes. This strategic financial move could enhance Anghami’s equity structure and potentially strengthen its market position by reducing debt obligations.

The most recent analyst rating on (ANGH) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Anghami Inc. stock, see the ANGH Stock Forecast page.

Spark’s Take on ANGH Stock

According to Spark, TipRanks’ AI Analyst, ANGH is a Neutral.

Anghami Inc.’s overall stock score is primarily influenced by its financial performance, which shows revenue growth but is overshadowed by ongoing losses and negative cash flows. Technical analysis indicates a bearish trend, and valuation metrics highlight the company’s current unprofitability. The lack of earnings call data and corporate events limits additional insights.

To see Spark’s full report on ANGH stock, click here.

More about Anghami Inc.

Anghami Inc. operates in the digital music streaming industry, providing a platform for users to stream music. The company focuses on the Middle Eastern and North African markets, offering a wide range of music content tailored to regional preferences.

Average Trading Volume: 7,782

Technical Sentiment Signal: Sell

Current Market Cap: $16.85M

For detailed information about ANGH stock, go to TipRanks’ Stock Analysis page.

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