Swvl Holdings Corp. Price, Forecast, Insider, Ratings, Fundamentals & Signals

Dubai, 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 successful completion of the portfolio optimization program initiated last year, off the back of the global economic and capital markets environment at the time.

Dubai, 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 per share for the last 30 consecutive business days.

Dubai, 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, and the sale of urbvan to kolors is comprised entirely of cash. swvl will receive $12 million for the sale of urbvan, of which $9.5 million in cash was paid at closing, and $2.5 million to be paid over 1 year...

Dubai, 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 20-f by october 30, 2023.

Swvl (NASDAQ: SWVL ) stock closed higher by 115% today on seemingly no immediate company-specific news. Swvl operates as a transportation provider and is also the first African company to list on the Nasdaq through a special purpose acquisition company (SPAC) merger.

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SWVL Holdings (NASDAQ: SWVL ), a Dubai-based transit software company, jumped 50% on speculation on Stocktwits that the company might survive. SWVL stock closed at 10 cents per share on Dec. 21 and was trading at nearly 15 cents in pre-market trading on Dec. 22.

Swvl (NASDAQ: SWVL ) layoffs are here again as the micro-mobility company seeks to reduce costs by cutting more than 50% of its workforce. According to Swvl, these latest job cuts are part of its ongoing portfolio optimization program.

SPAC Queen's Gambit Growth Capital and Swvl have completed their merger valued at approximately $1.5 billion in enterprise value. Swvl operates a smart bus transportation network in numerous cities and regions around the world.

Swvl Holdings Corp (NASDAQ: SWVL) shares are surging Thursday after the company announced it entered into a definitive agreement to acquire smart bus platform Zeelo. Swvl said the acquisition will provide the company enhanced scale, strengthen its capabilities and create .