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Anghami Inc. Completes $23 Million Convertible Note Sale to OSN

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Anghami Inc. Completes $23 Million Convertible Note Sale to OSN

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Anghami Inc. ( (ANGH) ) just unveiled an announcement.

On July 25, 2025, Anghami Inc. announced the sale of a $23 million senior unsecured convertible note to OSN Streaming Limited, completing the issuance under a prior agreement. This move is part of Anghami’s strategy to secure funds for working capital, growth, and general corporate purposes, potentially impacting its financial flexibility and market positioning.

Spark’s Take on ANGH Stock

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

Anghami Inc.’s financial performance is the most significant factor, showing potential for revenue growth but facing challenges with profitability and cash flow. Technical analysis indicates a bearish trend, while valuation concerns arise from negative earnings and lack of dividends. The absence of earnings call data and corporate events leaves these areas unaddressed.

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 and audio content. The company is primarily focused on the Middle Eastern and North African markets, offering a wide range of music content tailored to regional preferences.

Average Trading Volume: 72,091

Technical Sentiment Signal: Sell

Current Market Cap: $31.13M

Learn more about ANGH stock on TipRanks’ Stock Analysis page.

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