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An announcement from Anghami Inc. ( (ANGH) ) is now available.
On August 1, 2025, Anghami Inc. implemented a 1-for-10 reverse stock split following shareholder approval at an extraordinary general meeting on July 22, 2025. This move, effective after the close of trading on the Nasdaq Capital Market, adjusted the company’s share structure, increasing the par value of its ordinary shares and consolidating every ten shares into one. The company’s shares began trading on a split-adjusted basis on August 4, 2025. Additionally, adjustments were made to the company’s warrants, aligning them with the reverse split ratio and increasing the exercise price tenfold. These changes aim to optimize the company’s share structure and potentially enhance 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 significantly influenced by its financial performance, which remains challenged by ongoing losses and negative cash flows despite revenue growth. Technical analysis indicates bearish trends, and valuation is negatively impacted by a lack of profitability. These factors collectively suggest a cautious outlook for the stock.
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 music streaming services. The company is based in Abu Dhabi, United Arab Emirates, and focuses on offering music content primarily to the Middle Eastern and North African markets.
Average Trading Volume: 948,120
Technical Sentiment Signal: Sell
Current Market Cap: $20.7M
Find detailed analytics on ANGH stock on TipRanks’ Stock Analysis page.