Swvl Received Nasdaq Notification Regarding Minimum Market Value Deficiency

Core Points - Swvl Holdings Corp received a notice from Nasdaq regarding non-compliance with Listing Rule 5550(b)(2), which requires a minimum market value of publicly held shares of $35 million [1] - The company has until April 29, 2025, to regain compliance by maintaining the required market value for at least 10 consecutive business days [1] - The company intends to monitor its market value and may consider options to regain compliance, although there is no assurance of success [2] Company Overview - Swvl is a leading provider of technology-driven mobility solutions for enterprises and governments, utilizing real-time data and advanced technology to offer reliable and sustainable transportation solutions [3]