
RegulatoryApr 20, 2026, 04:07 PM
Swvl Regains Nasdaq Compliance with $2.9M Equity & $1.3M Net Income
AI Summary
Swvl Holdings Corp announced it has regained compliance with Nasdaq Listing Rules 5550(b)(1) and 5550(b)(3), which require minimum stockholders' equity of $2.5 million and net income of $500,000, respectively. The company reported stockholders' equity of $2.9 million and net income of $1.3 million for the year ended December 31, 2025. This resolution follows a notice of non-compliance received on October 31, 2025, and the matter is now closed.
Key Highlights
- Regained compliance with Nasdaq Listing Rules 5550(b)(1) and 5550(b)(3).
- Reported stockholders' equity of $2.9 million as of December 31, 2025.
- Reported net income of $1.3 million for the year ended December 31, 2025.
- Previously received notice of non-compliance on October 31, 2025.
- Deadline to regain compliance was April 29, 2026.