SWVL (NASDAQ: SWVL) entered into a definitive agreement for a business combination with Queen's Gambit Growth Capital, taking the Company public on Nasdaq as Swvl Holdings Corp with gross proceeds of up to approximately $445 million, including a $100 million PIPE anchored by Agility and Zain.

SWVL (NASDAQ: SWVL) saw its founders, SPAC sponsor and certain pre-business combination investors voluntarily extend their lock-up agreements, covering approximately 84% of total outstanding shares and reinforcing their long-term commitment to the Company.

SWVL (NASDAQ: SWVL) is collaborating with Saudi Awwal Bank (SAB Bank) to launch last-mile shuttle operations in Riyadh, connecting SAB employees to metro stations via virtual-stop technology, following the phased launch of the six-line, 176-kilometer Riyadh Metro on December 1, 2024.

SWVL (NASDAQ: SWVL) will host its First Half 2022 earnings call on September 1st, with the conference webcast simultaneously and in its entirety through the Swvl Investor Relations website, open to shareholders, media and other participants.

SWVL (NASDAQ: SWVL) acquired a controlling interest in Viapool, expanding into Argentina and Chile and launching its marketplace in Latin America following its SaaS entry into Brazil via the Shotl transaction, adding compelling upside to the Company's business plan.

SWVL (NASDAQ: SWVL) beat estimates for the second consecutive quarter in Q4 2021 and again in early Q1 2022, posting an average ticket fare of $1.68 for the quarter and $1.70 for full-year 2021, up 9% year-over-year.

SWVL (NASDAQ: SWVL) announced the successful closure of key sales agreements with Holiday Inn and Siemens in Saudi Arabia, and Bosch in Egypt.

SWVL (NASDAQ: SWVL) partnered with Moove to roll out electric buses across its network, advancing efforts to cut emissions through vehicle sharing while giving mobility entrepreneurs the opportunity to own their vehicles and maximize their earnings.

SWVL (NASDAQ: SWVL) and Bank AlJazira surpassed 100,000 bookings since the start of 2025 in Saudi Arabia, as the partnership continues to transform employee transportation with smarter, more sustainable mobility solutions and improve daily commuting across the Kingdom.

SWVL (NASDAQ: SWVL) upsized its PIPE to over $120 million, adding new flagship investors including the European Bank for Reconstruction and Development and Teklas Ventures, in connection with its business combination with Queen's Gambit Growth Capital.