Business Context and Reporting Period
This Form 6-K filing by Anghami Inc. covers the month of August 2025. The report details the implementation of a 1-for-10 reverse stock split approved by shareholders on July 22, 2025, and effective following the close of trading on August 1, 2025.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate actions regarding capital structure and warrants.
Material Changes
- Reverse Stock Split: A 1-for-10 reverse stock split was implemented. Every ten issued and outstanding ordinary shares were combined into one.
- Share Capital: Authorized share capital remains $215,000, now divided into 215,000,000 ordinary shares. Par value increased from $0.0001 to $0.001 per share.
- Trading Details: Shares began trading on a split-adjusted basis on August 4, 2025, under the ticker "ANGH" with a new CUSIP number G0369L200.
- Fractional Shares: Shareholders did not receive fractional shares; cash payments were made in lieu thereof.
Guidance, Outlook, and Warrant Adjustments
The filing does not contain financial guidance, management commentary on future outlook, or discussion of risks and contingencies beyond the corporate action. However, it details specific adjustments to outstanding warrants:
- Exercise Ratio: Warrants previously exercisable for one share are now exercisable for 1/10th of a share.
- Exercise Price: The exercise price increased ten-fold to $115.00 per post-split ordinary share.
- Exercise Mechanics: To avoid fractional shares, warrants should be exercised in multiples of ten. Any fractional interest resulting from exercise is rounded down.
- Warrant Identifiers: The CUSIP remains G0369L119 and the ticker remains "ANGHW".
Investor Verification Checklist
- Verify the new CUSIP number (G0369L200) for ordinary shares in brokerage accounts.
- Confirm the adjusted exercise price ($115.00) and ratio (1/10th share) for any held warrants.
- Check for cash payments received in lieu of fractional shares resulting from the split.
- Ensure warrant exercises are submitted in multiples of ten to prevent rounding down of share issuance.