Memphis Equity Ltd Files SC 13D for Swvl Holdings Corp
Ticker: SWVLW · Form: SC 13D · Filed: Mar 19, 2024 · CIK: 1875609
Sentiment: neutral
Topics: ownership-change, sec-filing, activist-investor
Related Tickers: SWVL
TL;DR
**MEMPHIS EQUITY LTD NOW OWNS SWVL HOLDINGS CORP SHARES - SC 13D FILED**
AI Summary
On March 19, 2024, Memphis Equity Ltd filed an SC 13D, reporting beneficial ownership of Swvl Holdings Corp. The filing indicates a change in ownership or control, with Memphis Equity Ltd now holding a significant stake. The filing was made under the Securities Exchange Act of 1934.
Why It Matters
This SC 13D filing signals a potential shift in control or a significant investment in Swvl Holdings Corp, which could impact the company's strategic direction and stock performance.
Risk Assessment
Risk Level: medium — SC 13D filings often indicate activist investors or significant stake acquisitions, which can lead to volatility and strategic changes for the company.
Key Players & Entities
- Memphis Equity Ltd (company) — Filing entity
- Swvl Holdings Corp (company) — Subject company
- Dany Farha (person) — Associated with Memphis Equity Ltd
- BECO Capital (company) — Associated with Dany Farha
- BECO BOOSTER FUND II GP, LLC (company) — Group member
- BECO BOOSTER FUND II, L.P. (company) — Group member
- YOUSEF HAMMAD (person) — Group member
FAQ
What is the primary purpose of this SC 13D filing?
The filing is to report beneficial ownership of Swvl Holdings Corp by Memphis Equity Ltd, indicating a change in ownership or control.
Who is the filing entity and what company is it related to?
The filing entity is Memphis Equity Ltd, and it is related to Swvl Holdings Corp.
When was this SC 13D filing submitted?
The filing was submitted on March 19, 2024.
Are there any other named individuals or entities associated with this filing?
Yes, Dany Farha, BECO Capital, BECO BOOSTER FUND II GP, LLC, BECO BOOSTER FUND II, L.P., and YOUSEF HAMMAD are listed as group members or associated parties.
What is the CUSIP number for Swvl Holdings Corp's Class A Ordinary Shares?
The CUSIP number for Swvl Holdings Corp's Class A Ordinary Shares is G86302125.
Filing Stats: 3,791 words · 15 min read · ~13 pages · Grade level 11.4 · Accepted 2024-03-19 14:45:25
Key Financial Figures
- $0.0025 — r) Class A Ordinary Shares, par value $0.0025 per share (Title of Class of Securiti
Filing Documents
- tm249227d1_sc13d.htm (SC 13D) — 127KB
- tm249227d1_ex1.htm (EX-99.1) — 10KB
- 0001104659-24-036086.txt ( ) — 139KB
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: March 18, 2024 MEMPHIS EQUITY LTD By: /s/ Dany Farha Name: Dany Farha Title: Managing partner BECO BOOSTER FUND II, L.P. By: BECO Booster Fund II GP,LLC, as general partner By: /s/ Dany Farha Name: Dany Farha Title: Managing Member BECO BOOSTER FUND II GP, LLC By: /s/ Dany Farha Name: Dany Farha Title: Managing Member YOUSEF HAMMAD By: /s/ Yousef Hammad Name: Yousef Hammad DANY FARHA By: /s/ Dany Farha Name: Dany Farha [Swvl Holdings Corp – Signature Page]