Queen's Gambit Growth Capital, a blank check company, intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.
IPO Year: 2021
Exchange: NASDAQ
On Friday, 166 companies set new 52-week lows. Points of Interest From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Stanley Black & Decker (NYSE:SWK). Vallon Pharmaceuticals (NASDAQ:VLON) was the smallest company by market cap to set a new 52-week low. MEI Pharma (NASDAQ:MEIP) shares dropped the most, trading down 58.49% to reach its new 52-week low. Stanley Black & Decker (NYSE:SWK)'s stock bounced back the most, actually rising 0.06% after reaching its new 52-week low. The following stocks achieved new 52-week lows on Friday: Stanley Black & Decker (NYSE:SWK) shares fell to $137.64 on Friday, setting a new 52-week low with a shift o
Swvl ordinary shares and warrants expected to begin trading on NASDAQ tomorrow under the symbols "SWVL" and "SWVLW," respectively Gross proceeds to Swvl from the transaction of $164.8 million from upsized, fully committed $111.5 million PIPE and $53.3 million of cash held in trust net of redemptions Subject to satisfaction or waiver of certain closing conditions, Swvl will have access to additional capital via an additional PIPE commitment of $10.0 million and a $471.7 million equity financing facility Transaction featuring the first special purpose acquisition company founded and led entirely by women, closes on the historic last day of Women's History Month Addition of Gbenga Oyebode round
DUBAI, UAE, Dec. 6, 2021 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, today announced that upon the completion of its proposed business combination with Queen's Gambit Growth Capital ("Queen's Gambit") (NASDAQ:GMBT), the combined public company will appoint W. Steve Albrecht to its Board of Directors (the "Board") to serve as an independent director and chair of the combined public company's audit committee. Mr. Albrecht is a certified public accountant (CPA), certified internal auditor (CIA) and certified fraud examiner (CFE). His addition to the Board builds on Swvl's prior appointment of three highly accompl
DUBAI, UAE, Sept. 29, 2021 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a Dubai-based provider of transformative mass transit and tech-enabled shared mobility solutions, today announced the publication of its first annual Environmental, Social and Governance ("ESG") Report. The report highlights Swvl's continued commitment to empowering individuals to realize greater social and economic equity, operating with sustainable business practices that protect the planet, supporting the societies in which it operates, advancing diversity, equity and inclusion, and creating value for all stakeholders.
DUBAI, UAE, Aug. 5, 2021 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a Dubai-based provider of transformative mass transit and shared mobility solutions, today announced that upon the completion of its proposed business combination with Queen's Gambit Growth Capital ("Queen's Gambit") (NASDAQ:GMBT), the combined public company will appoint three highly experienced women and technology leaders to its Board of Directors: Victoria Grace, Queen's Gambit Founder & Chief Executive Officer; Lone Fønss Schrøder, a tenured leader of innovative logistics and technology-driven
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Swvl ordinary shares and warrants expected to begin trading on NASDAQ tomorrow under the symbols "SWVL" and "SWVLW," respectively Gross proceeds to Swvl from the transaction of $164.8 million from upsized, fully committed $111.5 million PIPE and $53.3 million of cash held in trust net of redemptions Subject to satisfaction or waiver of certain closing conditions, Swvl will have access to additional capital via an additional PIPE commitment of $10.0 million and a $471.7 million equity financing facility Transaction featuring the first special purpose acquisition company founded and led entirely by women, closes on the historic last day of Women's History Month Addition of Gbenga Oyebode round
NEW YORK, March 30, 2022 /PRNewswire/ -- Queen's Gambit Growth Capital ("Queen's Gambit") (NASDAQ:GMBT), the first special purpose acquisition company led by women, today announced that its shareholders voted to approve the previously announced business combination with Swvl Inc. ("Swvl" or the "Company"), and all other proposals presented at Queen's Gambit's extraordinary general meeting of shareholders (the "Shareholders' Meeting") on March 30, 2022. Queen's Gambit plans to file the results of the Shareholders' Meeting, as tabulated by an independent inspector of elections,
Transaction Expected to Close March 31, 2022 NEW YORK, March 29, 2022 /PRNewswire/ -- Queen's Gambit Growth Capital (NASDAQ:GMBT) ("Queen's Gambit"), a publicly traded special purpose acquisition company, in connection with their previously announced proposed business combination with Swvl Inc. ("Swvl") and Pivotal Holdings Corp, a wholly owned subsidiary of Swvl ("Holdings"), today announced that it is permitting shareholders to withdraw their redemption requests until 3:00 p.m. Eastern Time, on March 30, 2022. Any shareholder wishing to withdraw a redemption request may do so by contacting Queen's Gambit's transfer agent, Continental Stock Transfer & Trust Company, at the following email a
Foreman previously led Optibus' presence in North America with offices across Seattle, San Francisco, Chicago, NYC, Washington DC, Indianapolis, Vancouver and Toronto; Optibus has mass transit SaaS deployments in 1,000 cities around the world Brings 30 years of leadership, sales, software and mobility experience as Swvl sets sights on North American market Will reinforce Swvl's rapidly growing global SaaS business after signing the acquisition agreements for controlling stakes in SaaS platforms Shotl and door2door DUBAI, UAE, March 29, 2022 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, today announced the hiring
Rollout of electric vehicles further enhances Swvl's efforts to cut emissions by maximizing vehicle sharing Provides mobility entrepreneurs the opportunity to own their vehicles and maximize their earnings Agreement marks Swvl's second financial services partnership since the segment launch earlier this year and Moove's seventh strategic partnership with mobility and logistics platforms since its 2020 launch DUBAI, UAE, March 28, 2022 /PRNewswire/ -- Swvl, Inc. ("Swvl"), a global provider of transformative tech-enabled mass transit solutions, and Moove, the world's first mobility fintech, today announced that they have entered into a partnership to scale Moove's revenue-based vehicle financi
Largest privately owned Mobility-as-a-Service ("MaaS") platform based in Germany with 24% market share in Germany, > 70 deployments in 10 European countries, approximately $2.8 million revenue in 2021 and approximately $7 million pipeline 7.5x revenue growth from 2017-21, 45% customers CAGR from 2018-21 and >90% customer retention Provides a launch pad when combined with Shotl to tap into the $22.5 billion SaaS/TaaS market1 in Europe, where door2door brings deep understanding, access and track record Offers a complementary suite of new mobility solutions - EV/AV fleet management, Integrated inter and multi-modal trips, Paratransit / NEMT and Logistics DUBAI, UAE, March 24, 2022 /PRNewswire
Names Heads of Security, B2C, B2B and Site Reliability Engineering and Principal Engineer Collectively bring more than 85 years of experience across cyber risk management, software development and product engineering and management Executives will reinforce Swvl's leading mass transit technology position on a global scale DUBAI, UAE, March 22, 2022 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, today announced five senior additions to its global technology team: Nami Mufti, Head of Security; Uriel Jaroslawski, Head of B2C Engineering; Andrii Dzynia, Head of B2B Engineering; Martijn Pieters, Principal Engineer; a
Total annualized ticket fares of $93.6 million in December 2021 beating estimates by 18%, closed acquisitions of controlling interests in Shotl and Viapool provide further significant upside Total ticket fares of $21.2 million for the fourth quarter, an increase of 32% quarter-over-quarter and 183% year-over-year, with $54.9 million in total ticket fares for full-year 2021, beating the Company's full-year estimates by 18% and an increase of 110% year-over-year Beats 2021 bookings estimates by 17% with Q4 bookings growing 40% quarter-over-quarter and 174% year-over-year Comes off the back of beating estimates and raising guidance in the third quarter Strong momentum in early first quarter of
$15 million initial investment expected to generate thousands of jobs and self-employment opportunities over the next 3+ years and further develop Swvl's R&D capabilities Commitment builds on the acquisition of Buenos Aires-based mass transit platform Viapool, which has served the mobility industry for 11+ years, catering to >80 institutional clients, including Unilever, Bayer, Mondelez, SAP, Nestle, Siemens, Carrefour, and Stellantis DUBAI, UAE, March 15, 2022 /PRNewswire/ -- Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, and the government of Argentina today announced that Swvl will become a significant foreign direct investor
Queen's Gambit Growth Capital and Swvl announce effectiveness of F-4 registration statement Upon closing, the combined company's Class A ordinary shares and warrants are expected to be listed on NASDAQ under the ticker symbols "SWVL" and "SWVLW", respectively Growth capital infusion will further accelerate global organic and inorganic expansions building on current strong momentum NEW YORK, March 15, 2022 /PRNewswire/ -- Queen's Gambit Growth Capital ("Queen's Gambit") (NASDAQ:GMBT), the first special purpose acquisition company founded and led entirely by women, and Swvl Inc. ("Swvl" or the "Company"), a global provider of transformative tech-enabled mass transit solutions, today announc