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VMAC - VMAC STOCK NEWS

Welcome to our dedicated page for VMAC news (Ticker: VMAC), a resource for investors and traders seeking the latest updates and insights on VMAC stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VMAC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VMAC's position in the market.

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PUBG MOBILE has announced a partnership with Anghami, allowing players to redeem special music prizes from September 30th to October 7th, 2021. This event will offer redeemable codes for Anghami Plus subscriptions and exclusive playlists for players. The collaboration aims to enhance the digital media entertainment experience, integrating gaming and music. Previously, PUBG MOBILE hosted several music-themed events, collaborating with notable artists in the region. The ongoing integration of gaming and music reflects their commitment to immersive digital experiences.

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Anghami has appointed Mary Ghobrial as the new Chief Operating and Strategy Officer, leveraging her extensive experience from Amazon and SOUQ.com. Ghobrial's expertise is expected to aid Anghami's growth as it prepares for a NASDAQ listing in Q4 2021. The company aims to enhance its operations and product offerings in the MENA region, where it has over 57 million songs and more than 70 million users. This strategic hire coincides with the planned business combination with VMAC, following the submission of their Draft Registration Statement to the SEC.

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Anghami, the leading MENA music streaming platform, is set to merge with Vistas Media Acquisition Company (Nasdaq: VMAC / VMACW), making it the first Arab tech company listed on NASDAQ. The merger, announced on August 3, 2021, is pending VMAC shareholder approval and is expected to finalize in Q4 2021, with Anghami adopting the new ticker 'ANGH'. Additionally, Amazon Prime members in Saudi Arabia and the UAE will receive six months of Anghami Plus for free, followed by a 50% discount for another six months.

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Amazon has partnered with Anghami to offer Prime members in Saudi Arabia and the UAE a six-month free subscription to Anghami Plus, the premium music service. After the initial free period, members can enjoy a 50% discount on the subscription for an additional six months. This exclusive offer is designed to enhance the music streaming experience for Prime members. Anghami boasts a catalog of over 57 million songs. The partnership aims to increase Anghami's reach and engagement with a broader audience while adding value to Amazon Prime memberships in the region.

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Anghami Inc., a leading music streaming platform in MENA, and Vistas Media Acquisition Company Inc. (NASDAQ: VMAC) have submitted a confidential draft of a Registration Statement on Form F-4 to the SEC for their proposed business combination. The transaction is subject to VMAC's stockholder approval and is expected to close in Q4 2021. Post-closing, Anghami will operate under its name with the new NASDAQ ticker 'ANGH'. Anghami boasts over 57 million songs and 70 million users, establishing itself as a prominent player in the digital music sector.

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Anghami, the leading music platform in MENA, announced the launch of Anghami Lab, an innovative entertainment venue in Dubai, ahead of its merger with Vistas Media Acquisition Company (NASDAQ:VMAC). This venue will combine digital and traditional entertainment, featuring a Lounge, Stage, and Studio for music co-creation. Anghami Lab will also expand to major cities like Riyadh and Cairo. The project signifies Anghami's commitment to enhancing user experiences beyond music streaming, while its merger aims to solidify its market presence.

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Anghami, the leading music platform in the MENA region, is set to go public through a merger with Vistas Media Acquisition Company (NASDAQ: VMAC). The merger follows the release of a report by MIDiA Research, which indicates significant growth potential in the MENA music streaming market. The report predicts that emerging markets, including MENA, will account for 73% of global subscriber growth by 2028, with local streaming services catering effectively to regional preferences. Anghami boasts over 57 million songs and a user base exceeding 70 million.

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Anghami Plus enhances music enjoyment by offering unlimited, ad-free music and podcasts. The company has expanded its telco partnerships, totaling 37, across the Arab world to reach more users. New partnerships launched in Saudi Arabia, UAE, Morocco, Tunisia, and Algeria aim to simplify payment options for customers. Anghami collaborates with Virgin Mobile for exclusive offers and targets the youth segment with tailored plans. The company anticipates going public through a merger with Vistas Media Acquisition Company (NASDAQ: VMAC), paving the way for further growth.

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Anghami has launched ‘Live Radio’, an innovative platform marrying music streaming and real-time voice interaction, in preparation for its NASDAQ listing via merger with Vistas Media Acquisition Company (NASDAQ:VMAC). This feature allows users, including artists and influencers, to engage with audiences in real-time using Anghami's extensive library of over 57 million tracks. Data from its beta phase reveals significant user engagement, with social users streaming 33% more and showing a 30% higher retention rate. Future enhancements will enable creators to monetize through subscription-only channels.

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VMAC

Nasdaq:VMAC

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9.07M
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