Anghami announces 1-for-10 reverse stock split
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 29 2025
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Reverse Stock Split Announcement: Anghami will execute a 1-for-10 reverse stock split of its ordinary shares, effective August 4, 2025, to comply with Nasdaq's minimum bid price requirement.
Shareholder Impact: The reverse stock split, approved by shareholders on July 22, 2025, will not dilute existing shareholders' ownership or change the proportion of shares they hold relative to authorized shares.
Analyst Views on ANGH
About ANGH
Anghami Inc is a United Arab Emirates based company that provides digital music entertainment technology platform in the Middle East and North Africa (MENA). The Company has catalog comprising more than 72 million songs and licensed content from Arabic labels, independent artists, and distributors, available for more than 75 million users. The Company also features music from the international labels such as Universal, Sony and Warner. The Company's services are available in English, Arabic and French. It has offices in Beirut, Dubai, Cairo and Riyadh and operates in 16 countries across MENA.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
