ANGHAMI CONFIRMS RECEIPT OF PRELIMINARY, NON-BINDING GOING-PRIVATE PROPOSAL FROM CONTROLLING SHAREHOLDER, OSN STREAMING LIMITED; ANNOUNCES APPOINTMENT OF INDEPENDENT DIRECTORS AND FORMATION OF SPECIAL COMMITTEE
ABU DHABI, UAE, June 30, 2026 /PRNewswire/ -- Anghami Inc. (NASDAQ: ANGH) ("Anghami" or the "Company") today confirmed receipt of a preliminary, non-binding proposal (the "Proposal") from OSN Streaming Limited ("OSN"), the Company's controlling shareholder, to acquire all of the outstanding ordinary shares (the "Ordinary Shares") of the Company not already owned by OSN in a going-private transaction. OSN's proposed purchase price is $3.39 in cash per Ordinary Share (the "Offer Price").
PRNewsWire6/30/2026Neutral