Swvl Holdings Corp. (SWVL) News
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SWVL News Highlights
- SWVL's 30 day story count now stands at 2.
- Over the past 1 day, the trend for SWVL's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
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Latest SWVL News From Around the Web
Below are the latest news stories about SWVL HOLDINGS CORP that investors may wish to consider to help them evaluate SWVL as an investment opportunity.
Swvl Reports First Half 2023 Financial ResultsPositive Operating Cash Flow and Net Profit in H1 2023DUBAI, United Arab Emirates, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a technology provider for enterprise and government mobility solutions with a global footprint, has proudly announced a significant milestone in its financial performance for the first half of the fiscal year 2023. The Company has achieved positive operating cash flow and net profits, which it believes demonstrates the s |
Swvl Reports Receipt of Nasdaq Minimum Bid Price NotificationDUBAI, United Arab Emirates, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today reported that the Company received a letter (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is currently not in compliance with Nasdaq Rule 5450(a)(1), as the Company’s closing bid price for its Class A ordinary shares (the “Ordinary Shares”) was below $1.00 |
Swvl Sells one of its Subsidiaries, Urbvan, to Kolors, To Leverage Sale Proceeds for Enhanced Strategic ExpansionDUBAI, United Arab Emirates, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global technology provider for enterprise and government mobility solutions with a global footprint, announces the successful sale of one of its subsidiaries, Urbvan Mobility Ltd. (“Urbvan”), to Kolors Inc. (“Kolors”), a leading transport provider in Latin America, for aggregate gross proceeds of $12 million. Swvl acquired Urbvan in July 2022 in an all-share acquisition, |
Swvl Obtains Extension for Filing of Annual Report on Form 20-F and Receives Approval to Transfer to The Nasdaq Capital MarketDUBAI, United Arab Emirates, July 20, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions confirms that Nasdaq has accepted the Company’s plan to regain compliance in connection with the delayed filing of its Annual Report on Form 20-F for the year ended December 31, 2022. Nasdaq has granted the Company an exception, enabling it to regain compliance with the listing rules by filing its 2022 |
Swvl Regains Compliance with NASDAQ Continued Listing Requirements Relating to Audit CommitteeDUBAI, United Arab Emirates, June 20, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, is pleased to announce that it has successfully regained compliance with Nasdaq's audit committee requirements, as stated in Listing Rule 5605(c)(2). On May 1, 2023, the Company received a notice from The Nasdaq Stock Market ("Nasdaq") stating that it did not comply with the audit committee requirement |
Swvl Appoints Ayman Ismail to Board of Directors as Independent Member and Chairperson of Audit CommitteeDUBAI, United Arab Emirates, May 23, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, announced today the appointment of Ayman Ismail Mohamed Ahmed to its Board of Directors. Mr. Ismail will serve as an independent member of the Board and assume the role of Chairperson of Swvl's Audit Committee. Mr. Ismail brings a wealth of experience and a distinguished career spanning over 30 years in |
Swvl Received Nasdaq Notification Relating to its Delayed Annual Report on Form 20-F FilingDUBAI, United Arab Emirates, May 09, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced that on May 4, 2023, it received written notice (the “Notice”) from The Nasdaq Stock Market (“Nasdaq”) indicating that, as a result of not having timely filed its Annual Report on Form 20-F (the “Form 20-F”) for the fiscal year ended December 31, 2022, the Company is not in compliance wi |
Swvl Receives Notice Regarding Nasdaq Continued Listing Standards DeficiencyDUBAI, United Arab Emirates, May 05, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced that on May 1, 2023, it received written notice (the “Notice”) from The Nasdaq Stock Market (“Nasdaq”) stating that following the resignations of Messrs. W. Steve Albrecht and Gbenga Oyebode from the Company’s board of directors and audit committee, the Company no longer complies with Na |
Swvl Announces Update Regarding Strategic Review ProcessDUBAI, United Arab Emirates, March 31, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced an update to the previously disclosed strategic review process to explore and evaluate potential strategic alternatives that may be available to the Company. The special committee comprised of independent directors of the Company’s Board of Directors has received indications of interes |
Swvl Received Nasdaq Notification Regarding Minimum Market Value DeficiencyDUBAI, United Arab Emirates, March 31, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, today announced that on March 27, 2023, it received written notice (the “Notice”) from The Nasdaq Stock Market (“Nasdaq”) advising the Company that it was not in compliance with Listing Rule 5450(b)(2)(C) requiring companies listed on the Nasdaq Global Market to maintain a minimum market value of publ |