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Friday, 03/22/2024 8:14:51 AM

Friday, March 22, 2024 8:14:51 AM

Post# of 60
It is definite the merger is closing next week

The combination of OSN+ and Anghami Inc. will be the first regional platform that provides video and music, backed by up to $50 million cash investment in Anghami and bringing together over 120 million registered users, 2.5+ million subscribers and $100+ million revenue at closing

The OSN Group will invest in Anghami at a valuation of $3.65 per share, 3.9x the stock's average price for the past month
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