Swvl Holdings Corp Files 6-K for June 30, 2024

TL;DR

Swvl Holdings Corp 6-K filed: financial update for June 30, 2024, includes subsidiary info.

AI Summary

Swvl Holdings Corp filed a 6-K report for the period ending June 30, 2024. The filing includes financial information and details about its subsidiaries, such as Urbvan Mobility Ltd, Shotl Transportation S.l., and Door2door GmbH. It also mentions recapitalization costs and loan from shareholder information.

Why It Matters

This filing provides investors with an update on Swvl's financial position and operational structure as of mid-2024, including details on its key subsidiaries.

Risk Assessment

Risk Level: medium — The filing is a routine 6-K, but the nature of the company's operations and potential financial complexities could introduce medium risk.

Key Players & Entities

• Swvl Holdings Corp (company) — Filer
• Urbvan Mobility Ltd (company) — Subsidiary
• Shotl Transportation S.l. (company) — Subsidiary
• Door2door GmbH (company) — Subsidiary
• Pivotal Holdings Corp (company) — Former Company Name

FAQ

Key Financial Figures

• $2,500,000 — t all listed issuers maintain a minimum $2,500,000 stockholders' equity requirement for co
• $2.13 million — months ended June 30, 2024 was negative $2.13 million. Since the interim period ended June 3
• $4.7 million — he sale of securities for approximately $4.7 million in net proceeds. As a result, Swvl beli
• $2.5 million — holders' equity requirement of at least $2.5 million pursuant to Nasdaq Listing Rule 5550(b)

Filing Documents

• swvl-20240630x6k.htm (6-K) — 115KB
• swvl-20240630xex99d1.htm (EX-99.1) — 1073KB
• swvl-20240630xex99d2.htm (EX-99.2) — 332KB
• 0001104659-24-132902.txt ( ) — 6365KB
• swvl-20240630.xsd (EX-101.SCH) — 68KB
• swvl-20240630_cal.xml (EX-101.CAL) — 73KB
• swvl-20240630_def.xml (EX-101.DEF) — 120KB
• swvl-20240630_lab.xml (EX-101.LAB) — 413KB
• swvl-20240630_pre.xml (EX-101.PRE) — 294KB
• swvl-20240630x6k_htm.xml (XML) — 1270KB

From the Filing

Swvl Holdings Corp_2024-06-30 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2024 (Report No. 4) Commission File Number: 001-41339 Swvl Holdings Corp The Offices 4, One Central Dubai World Trade Centre Dubai, United Arab Emirates (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F CONTENTS Interim Financial Statements This Report of Foreign Private Issuer on Form 6-K consists of Swvl Holdings Corp ("Swvl"): (i) Unaudited Interim Condensed Consolidated Financial Statements as of and for the six months ended June 30, 2024, which are attached hereto as Exhibit 99.1; and (ii) Management's Discussion and Analysis of Financial Condition and Results of Operation as of and for the six months ended June 30, 2024, which is attached hereto as Exhibit 99.2 Nasdaq Continued Listing Requirements Pursuant to Nasdaq Listing Rule 5550(b), Nasdaq requires that all listed issuers maintain a minimum $2,500,000 stockholders' equity requirement for continued listing. As reported in Swvl's interim financials, Swvl's stockholders' equity as and for the six months ended June 30, 2024 was negative $2.13 million. Since the interim period ended June 30, 2024, Swvl has undertaken a number of actions which have increased its stockholders' equity, including, among other actions, the sale of securities for approximately $4.7 million in net proceeds. As a result, Swvl believes that, as of the date of this report, it satisfies the stockholders' equity requirement of at least $2.5 million pursuant to Nasdaq Listing Rule 5550(b)(1) for continued listing on the Nasdaq Capital Market. This Report of Foreign Private Issuer on Form 6-K ("Report") is incorporated by reference into Swvl's Registration Statement on Form F-3 (Registration No. 333-279918) and Form S-8 (Registration No. 333-265464) filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished. EXHIBIT INDEX Exhibit Description of Exhibit 99.1 Swvl's Unaudited Interim Condensed Consolidated Financial Statements as of June 30, 2024. 99.2 Swvl's Management's Discussion and Analysis of Financial Condition and Results of Operations for the six months ended June 30, 2024. 101 The following financial information from the Registrant's Interim Condensed Financial Statements as of June 30, 2024, formatted in XBRL (eXtensible Business Reporting Language): (i) Interim Condensed Statements of Financial Position, (ii) Interim Condensed Statements of Comprehensive Loss, (iii) Interim Condensed Statements of Changes in Shareholders' Equity; (iv) Interim Condensed Statements of Cash Flows, and (v) Notes to the Unaudited Interim Condensed Financial Statements. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SWVL HOLDINGS CORP Date: December 31, 2024 By: /s/ Mostafa Kandil Name: Mostafa Kandil Title: Chief Executive Officer

View Full Filing

View this 6-K filing on SEC EDGAR