Core Viewpoint - Anghami Inc. will implement a 1-for-10 reverse stock split to comply with Nasdaq's minimum bid price requirement for continued listing, effective August 4, 2025 [1][2]. Group 1: Reverse Stock Split Details - The reverse stock split was approved by shareholders on July 22, 2025, and will not have a dilutive effect on shareholders [2]. - Every ten issued and outstanding ordinary shares will be combined into one, increasing the par value from $0.0001 to $0.001 per share [3]. - The conversion or exercise prices of all convertible securities and warrants will be proportionately adjusted [3]. Group 2: Shareholder Actions and Adjustments - Continental Stock Transfer and Trust Company will act as the exchange and transfer agent for the reverse stock split [4]. - Shareholders holding shares electronically will not need to take action, while those with shares via banks or brokers will have their positions adjusted automatically [4]. Group 3: Company Overview - Anghami is the leading multi-media streaming platform in the MENA region, offering a wide range of content including music, podcasts, and live entertainment [6]. - The company has over 120 million registered users and 3.5 million paid subscribers, partnering with 47 telcos across MENA [8]. - In April 2024, Anghami partnered with OSN+, enhancing its content library to over 18,000 hours of premium video and 100+ million songs and podcasts [7].