Anghami Inc. ("Anghami" or the "Company"), the leading music streaming platform and service in the Middle East and North Africa, and Vistas Media Acquisition Company Inc. (NASDAQ:VMAC), a publicly traded special purpose acquisition company led by CEO F. Jacob Cherian and co-founders Saurabh Gupta and Abhayanand Singh, announced today they have filed with the U.S. Securities and Exchange Commission ("SEC") a registration statement on Form F-4 with respect to their proposed business combination (the "Business Combination"). The Form F-4 filing can be found here. The registration statement was previously submitted confidentially to the SEC on August 2, 2021 and amended on September 21, 2021.
The registration statement has been filed with the SEC but has not yet become effective. The securities subject to the registration statement may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.
The Business Combination is subject to customary closing conditions, including the approval of VMAC's stockholders, and is expected to be consummated in the fourth quarter of 2021. Upon the closing of the Business Combination, the Company will operate under the Anghami name and is expected to be listed on NASDAQ trading under the new symbol "ANGH".
For more information about the transaction, please visit https://vmac.media/.