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Recent Updates — ANGH

August 14, 2026View Source ↗

Michael Johnson resigned from Anghami Inc.'s board of directors effective August 10, 2026. The resignation was not due to any disagreement regarding the company's operations or policies. Guergui Stoyanov was appointed as a member and chairman of the Audit Committee to replace Mr. Johnson. This is an ordinary governance change without material impact on value or risk. Anghami Inc. operates in the digital music streaming industry, providing audio content services primarily in the Middle East.

June 30, 2026View Source ↗

On June 30, 2026, Anghami Inc. received a preliminary, non-binding going-private proposal from its controlling shareholder, OSN Streaming Limited. The proposal seeks to acquire all outstanding ordinary shares not currently owned by OSN. In response, the company appointed independent directors and established a special committee to evaluate and negotiate the terms of the acquisition. Anghami Inc. is a music streaming platform operating in the media and entertainment industry.