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Anghami Inc. Transfers Listing to Nasdaq Capital Market

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Anghami Inc. Transfers Listing to Nasdaq Capital Market

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

Anghami Inc. announced its approval from Nasdaq to transfer its securities listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective February 21, 2025. This strategic move follows notifications from Nasdaq about the company’s non-compliance with the $1 bid price requirement, and the transfer grants Anghami an extension until August 18, 2025, to meet this requirement, ensuring continued trading of its shares and warrants under their existing symbols.

More about Anghami Inc.

Anghami Inc. operates in the digital entertainment industry, primarily offering a music streaming platform. The company focuses on providing a wide range of music content to users in the Middle East and North Africa (MENA) region.

YTD Price Performance: -15.00%

Average Trading Volume: 106,484

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $20.22M

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

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