Anghami goes public on NASDAQ via merger with Vistas Media Acquisition Company (VMAC)

Anghami goes public on NASDAQ via merger with Vistas Media Acquisition Company (VMAC)
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Featured image: Anghami co-founders, Elie Habib (L) and Eddy Maroun; Image Credits: Entrepreneur.com; Content source: Press Release


Anghami, the MENA region’s leading music-streaming platform, is listed on New York’s Nasdaq stock exchange as a result of a merger with special purpose acquisition company (SPAC), Vistas Media Acquisition Company Inc. The announcement came yesterday as Anghami is set to become the first tech company in the MENA region to be listed on a US stock exchange.

deNovo acted as financial advisor and Winston & Strawn LLP acted as legal advisor to VMAC and its parent company Vistas Media Capital.