Thursday, February 3, 2022

Equity Corporate Actions Alert #2022 - 18
Information Regarding the Business Combination of Vistas Media Acquisition Company Inc. (VMAC/W/U) and Anghami Inc.

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  • Industry Announcement

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The business combination of Vistas Media Acquisition Company Inc. (VMAC/U/W) & Anghami Inc. became effective today, February 3, 2022. As a result of the business combination, the class A common stock, warrant, and unit of Vistas Media Acquisition Company Inc. (VMAC/U/W) will be suspended from trading. The suspension details are as follows:

Company Name/Issue: Vistas Media Acquisition Company Inc. Class A Common Stock
CUSIP#: 92840T107
Symbol: VMAC
Last Trading Date: February 3, 2022
Marketplace Effective Date for Suspension: February 4, 2022
Merger Consideration: One (1) Anghami Inc. Ordinary Share for each Class A Common Stock held.
Company Name/Issue: Vistas Media Acquisition Company Inc. Warrant
CUSIP#: 92840T115
Symbol: VMACW
Last Trading Date: February 3, 2022
Marketplace Effective Date for Suspension: February 4, 2022
Merger Consideration: One (1) Anghami Inc. Warrant expiring 2/3/2027 for each warrant held.
Company Name/Issue: Vistas Media Acquisition Company Inc. Unit
CUSIP#: 92840T206
Symbol: VMACU
Last Trading Date: February 3, 2022
Marketplace Effective Date for Suspension: February 4, 2022
Merger Consideration: Unit will separate into its components.

As a result of the merger the ordinary shares for combined company will be listed on the Nasdaq Global Market and the warrants will be listed on the Nasdaq Capital Market. The details are as follows:

Company Name/Issue: Anghami Inc. Ordinary Shares
CUSIP#: G0369L101
Symbol: ANGH
Marketplace Effective Date: February 4, 2022

Company Name/Issue: Anghami Inc. Warrant expiring 2/3/2027
CUSIP#: G0369L119
Symbol: ANGHW
Marketplace Effective Date: February 4, 2022

If you would like to register as a market maker in ANGH or ANGHW, contact Nasdaq Trading Services at +1 212 231 5100.



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