Music streaming platform Anghami’s F-4 registration statement has been declared effective by the SEC in its pending merger with Vistas Media Acquisition.
The SPAC has scheduled a shareholder vote on the deal for Jan. 19.
Founded in 2012, Anghami is the first music-streaming platform in the Middle East/North Africa region.
As announced in March, the transaction implies a pro-forma enterprise value of $220 million. If the deal is approved, Anghami will trade under new symbol ANGH on the Nasdaq. Read more.
