Anghami Secures Significant Investment from OSN Group
Anghami Inc. (ANGH)
Company Research
Source: PR Newswire
Anghami Strengthens Regional Streaming Leadership with up to $55 Million Commitment from OSN GroupABU DHABI, UAE, Dec. 16, 2024 /PRNewswire/ -- Building on the success of their partnership, Anghami Inc. (NASDAQ: ANGH) has announced that it secured a significant new round of funding, from OSN Group of up to USD $55 million with a USD $12 million initial investment in a convertible note program. This investment represents a significant milestone in Anghami Inc.'s journey to redefine digital entertainment in the MENA region, further solidifying its position as the go-to destination for premium audio and video content.Since the initial strategic partnership between OSN and Anghami Inc. in April 2024, which brought together the unparalleled premium video streaming capabilities of OSN+ and its 18,000 hours of content with Anghami's robust audio portfolio of over 100 million songs and podcasts, the partnership has delivered robust growth.Highlights include:Rebuilt and relaunched the new OSN+
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ANGH
News
- Anghami Secures Significant Investment from OSN Group [Yahoo! Finance]Yahoo! Finance
- Anghami Secures Significant Investment from OSN Group [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Anghami Secures Significant Investment from OSN Group [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Anghami Secures Significant Investment from OSN GroupPR Newswire
- Anghami Delivers Strong Growth Across Video and Music Service in 2024 with 28% growth in streaming engagement [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
ANGH
Sec Filings
- 12/20/24 - Form 6-K
- 12/18/24 - Form SCHEDULE
- 12/16/24 - Form 6-K
- ANGH's page on the SEC website