Frequently Asked Questions

1. What is a SPAC?

A SPAC is a “special purpose acquisition company.” A “SPAC” is simply one way in which a company can “go public”; others include an IPO or direct listing.

2. What is being announced?

We  have entered into a definitive merger agreement with Anghami,  the leading music streaming platform and service in the Middle East and North Africa, that will result in Anghami becoming the first Arab technology company to list on NASDAQ.

3. When will the transaction close?

We are still in the process of moving forward with the business combination, but the transaction is expected to close in the first half of 2021.

4. How can I contact you?

Please contact Ashley DeSimone, ICR at or Jake Pisano, ICR at for any investor related questions.


5. Can I get news and updates from you?

To receive news and updates please reach out to Zeba Rashid, ICR at