2023-06-20 06:55:27 ET
- Swvl ( NASDAQ: SWVL ) regains compliance with Nasdaq's audit committee requirements.
- On May 1, 2023, the company received a notice from Nasdaq stating that it did not comply with the rule that specifies that the audit committee must consist of at least three independent members.
- On May 17, 2023, Mr. Ayman Ismail Mohamed Ahmed Soliman was appointed to the company's Board of Directors and audit committee, and on June 13, 2023, Ms. Esther Dyson was appointed to serve on the audit committee.
- These appointments ensured compliance with Nasdaq's audit committee requirements.
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Swvl regains compliance with Nasdaq