SWVL regains compliance with nasdaq listing requirements

Swvl Holdings Corp (NASDAQ: SWVL) announced it has regained compliance with Nasdaq continued listing requirements after receiving confirmation from Nasdaq Stock Market LLC staff.

The Dubai-based mobility solutions provider met the minimum stockholders' equity requirement of $2.5 million and net income standard of $500,000 from continuing operations, according to the company's annual report filed with the Securities and Exchange Commission.

Swvl reported stockholders' equity of $2.9 million and net income of $1.3 million for the year ended December 31, 2025. The company had previously received a non-compliance notice from Nasdaq on October 31, 2025, regarding multiple listing rule violations.

The original notice indicated Swvl failed to maintain the required minimum market value of publicly held shares of $35 million and did not meet the equity and net income standards. Nasdaq granted the company a 180-day period until April 29, 2026, to regain compliance.

The technology-enabled mass mobility solutions provider serves corporate clients, government institutions, schools, and healthcare providers across Egypt, Saudi Arabia, the UAE, Kuwait, and the United Kingdom.

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