Strategy Note /
Global

Anghami: Investors should ignore the SPAC headwinds facing the Spotify of MENA

  • The deSPAC deadline for Anghami has been extended by three months to 11 November

  • The deSPAC process is facing headwinds as SPACs are out of favour

  • Anghami seems undervalued and has a growing subscriber base

Anghami: Investors should ignore the SPAC headwinds facing the Spotify of MENA
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
30 August 2021
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